Market Chatter: Hyperliquid Labs in Advanced Talks with Kraken Parent on US Trading

MT Newswires Live
3 hours ago

Hyperliquid Labs is in advanced talks with Payward, the parent company of crypto exchange Kraken, on a plan that would let US users trade certain perpetual futures, Bloomberg reported Monday, citing people familiar with the matter.

Under a potential deal, which would require regulatory approval, US users could use Payward's Bitnominal exchange to trade perpetual futures tied to crypto tokens built on Singapore-based Hyperliquid's blockchain technology, the report said.

The companies didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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