ICE Signs Trade[XYZ] Deal for U.S. Regulated Perpetuals Market

Intercontinental Exchange (ICE), parent of the New York Stock Exchange, has agreed with Trade[XYZ] on a plan to bring its on-chain perpetuals market into the U.S. regulatory framework, subject to regulatory approval. Under the agreement, ICE would exclusively operate the regulated market and establish separate retail trading and clearing services, distinct from its institutional futures and clearing operations. Hyperliquid would provide the underlying infrastructure, while Trade[XYZ] would design the products. Trade[XYZ] currently offers perpetuals around the clock to eligible users outside the United States, with contracts tied to stocks, equity indexes, commodities and foreign exchange.

Source: TokenPost