Derive proposes treasury funding for a US-regulated derivatives push

A new governance proposal would let the Derive Foundation pursue US approvals and set up entities, but it names no budget or launch date Derive wants permission to knock on the US regulatory door. The onchain derivatives protocol published a Derive Improvement Proposal on October 12, 2026, asking token holders to let its foundation explore a fully regulated US trading venue. The request is broad and the price tag is blank. The proposal sets no spending amount and no launch date. The proposal targets the Derive Foundation, the Cayman-based entity that oversees the protocol.

Also reported by The Defiant.

Source: Crypto Briefing