Hyperliquid says Kraken parent Payward to deploy under HIP-3 framework
CIE News ·
Based on reporting by The Block; not yet independently confirmed.
Hyperliquid announced plans for Kraken parent Payward to be the first HIP-3 deployer, aiming to establish CFTC-regulated perpetual futures trading in the United States, according to The Block.
Hyperliquid has announced plans for Kraken parent company Payward to become the first entity to deploy under the HIP-3 framework, according to The Block. The initiative is intended as a move toward establishing regulated perpetual futures trading within the United States. Through the HIP-3 framework, the deployment seeks to ensure regulatory alignment with the Commodity Futures Trading Commission.
Key facts
- Payward first HIP-3 deployer
- Kraken parent company
- Targeting regulated US perps
- CFTC alignment
Read the original at The Block