Stan Druckenmiller backs trade.xyz, ICE partnership targets US perpetual futures

Stan Druckenmiller, the billionaire investor and founder of Duquesne Capital Management, has confirmed his investment in trade.xyz, a platform specializing in perpetual futures on real-world assets. Druckenmiller announced the move on X early Thursday morning, stating that he plans to use trade.xyz’s offerings in his own investment strategy, though he did not disclose the size or terms of his stake. Trade.xyz revealed its new collaboration with Intercontinental Exchange (ICE), the global financial services company that owns the New York Stock Exchange.