Current outcome
Intercontinental Exchange, owner of the NYSE, and Trade[XYZ] announced plans to seek regulatory approval for US perpetual futures markets covering crypto and traditional assets, sending Hyperliquid's HYPE up roughly 20% toward its September all-time high near $98.
Progress timeline
5 material updates- #01
NYSE Parent ICE Plans to Partner With Trade xyz to Launch Perpetual Futures Mark
Intercontinental Exchange plans to partner with Trade xyz, taking an equity stake, to launch a US-regulated perpetual futures venue running on Hyperliquid infrastructure with dedicated clearing and KYC/AML compliance, covering equities, indexes, commodities, and FX pending regulatory approval.
Source evidence: wublockchainenglish
- #02
【Trade.xyz 创始人确认获 ICE 战略投资,拟在 CFTC 批准后推出面向美国市场的永续合约交易平台】
Trade.xyz's founder publicly confirmed the strategic investment from ICE and confirmed the joint plan to launch a CFTC-approved US-facing perpetual futures platform on Hyperliquid, covering crypto assets with 24/7 trading.
State after update: Trade.xyz's founder has confirmed the strategic investment from ICE, and the parties plan to launch a CFTC-approved US-facing perpetual futures platform on Hyperliquid covering equities, indices, commodities, FX and crypto with 24/7 trading.
Source evidence: foresightnews
- #03
【OKX 将与 ICE、Trade.xyz 的合作,计划将永续合约引入美国合规市场】
OKX CEO Star said OKX will help bring perpetual futures to the US regulated market through a structure in which ICE operates a new US trading and clearing venue for 24/7 perps across equities, indices, commodities, FX and crypto, Trade.xyz serves as ICE's exclusive partner, and an ICE-OKX joint venture handles retail distribution.
Source evidence: foresightnews
- #04
Hyperliquid's HYPE Jumps 13% as NYSE Owner ICE Moves to Bring Its Perpetual Futures to the US
ICE signed a definitive agreement to become the exclusive operator of Trade[XYZ]'s regulated markets and make a strategic investment; the product still needs regulatory approvals and has no launch date. The news pushed HYPE up about 13% to roughly $91.
State after update: ICE has signed a definitive agreement to be the exclusive operator of Trade[XYZ]'s regulated markets and strategic investor, with US retail perpetual futures distribution planned through the ICE-OKX joint venture; the product remains pending regulatory approvals and has no launch date.
Source evidence: Decrypt
- #05
HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perps
Intercontinental Exchange, owner of the NYSE, and Trade[XYZ] announced plans to seek regulatory approval for US perpetual futures markets covering crypto and traditional assets, sending Hyperliquid's HYPE up roughly 20% toward its September all-time high near $98.
Source evidence: Cointelegraph