Key Highlights Hyperliquid Strategies Inc. (HSI) has filed an application with the U.S. CFTC to register a subsidiary as a Futures Commission Merchant. HyperLabs distributed over $14.50 million in $HYPE to six team member wallets, while the protocol bought and burned more than 21,000 $HYPE ($1.64 million) to counter circulating supply. $HYPE broke below its ...
Key Highlights: A subsidiary of Hyperliquid Strategies has applied for a Futures Commission Merchant (FCM) license with the CFTC to clear permissioned HIP-3 perpetual futures markets for US retail accounts. Reported net income reached $620.6 million, but was driven by $803.0 million in unrealized $HYPE token gains; underlying pre-tax operating income stood at just $5.2 ...
Key Highlights: Hyperliquid Strategies has submitted an application to become a regulated futures commission merchant (FCM) in the United States. The move aims to bring perpetual futures trading markets connected to the Hyperliquid platform onshore to American traders. The initiative aligns with support from President Donald Trump, who previously signaled efforts alongside the CFTC to ...
Key Highlights: Hyperliquid is seeking to register as a U.S. Futures Commission Merchant (FCM), according to information shared by crypto commentator James Seyffart. The move reflects an effort by the platform to align with United States regulatory frameworks and operate within a compliant environment. Market participants and social media communities are closely monitoring the registration ...