Kraken Parent Payward Eyes First CFTC-Regulated Hyperliquid Futures Market

Kraken parent Payward plans to become the first Commodity Futures Trading Commission (CFTC)-regulated operator to deploy perpetual futures markets on Hyperliquid for eligible U.S. customers. The proposal would combine Hyperliquid’s onchain trading infrastructure with Bitnomial’s regulated exchange and clearing operations and Ninjatrader’s brokerage services. The initiative requires regulatory approval, while Hyperliquid’s upcoming HIP-3* upgrade would […]