HYPE Price Surges 17% as NYSE Owner Picks Hyperliquid

ICE signed a definitive deal to run a regulated U.S. perpetual futures market built by Trade[XYZ] on Hyperliquid. HYPE led the largest cryptocurrencies higher as traders priced in Wall Street’s backing. Launch timing, contract terms and the size of ICE’s stake remain undisclosed. The deal adds a derivatives piece to ICE’s earlier bets on Polymarket and OKX. The HYPE price jumped 17% on October 29, the biggest gain among the 100 largest cryptocurrencies, after after Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, signed a definitive agreement with Trade[XYZ] to launch a regulated perpetual futures market for…

Source: Crypto News Flash