ICE invests in Trade.xyz, eyes 24/7 Hyperliquid perpetuals for US traders pending CFTC approval

Trade.xyz, a platform known for offering perpetual futures on stocks, indices, and commodities via Hyperliquid , announced that Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has invested in the firm. ICE also plans to collaborate with Trade.xyz to bring nonstop Hyperliquid-based perpetual futures trading to U.S. markets. ICE oversees several major financial marketplaces and clearing houses worldwide, including the NYSE, making its involvement with Trade.xyz notable for the crypto derivatives sector. The collaboration aims to establish a dedicated U.S. exchange and clearing setup utilizing Hyperliquid technology.

Source: CoinTurk News