NYSE Owner Backs trade.xyz to Bring Hyperliquid Perps to the US

ICE, which owns the New York Stock Exchange, is investing in trade.xyz and plans for a US version of its Hyperliquid markets, pending CFTC approval. ICE, the owner of the New York Stock Exchange, is taking a minority stake in trade.xyz, the largest builder of markets on Hyperliquid, to bring its equity perpetuals to the US, with investor Stan Druckenmiller also on board . The Plan: Subject to CFTC approval, the pair plan a new US market, ICE[XYZ], with its own exchange and clearing (the system that settles trades) built on Hyperliquid.