ICE will take a stake in Trade xyz as regulated perpetual futures await US approval
Photo: The Cryptonomist
Trade xyz has teamed up with Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange , to introduce regulated perpetual futures within the United States. The proposed market would run on Hyperliquid’s infrastructure, but US regulatory approval is still pending. As part of the deal, ICE will take an equity stake in Trade xyz, though the financial details of the investment remain undisclosed. The collaboration combines that investment with plans for a trading venue offering contracts linked to traditional asset classes.
Source: The Cryptonomist
