Hyperliquid Outlines Payward’s Regulated US HIP-3 Market Plan

Hyperliquid outlines Payward’s regulated US HIP-3 market plan

Hyperliquid has outlined Payward’s plan to become its first CFTC-regulated HIP-3* market deployer, with Kraken’s parent seeking to offer onchain perpetual futures to US clients through Bitnomial, subject to regulatory approval. Hyperliquid said in an Oct. 26 X post that…

Hyperliquid Taps Kraken Parent Payward to Lead Push for US-Regulated Perpetuals

With the aim of introducing regulated perpetual futures contracts in the United States, Hyperliquid announced this Monday that it is partnering with Kraken’s parent company, Payward. The platform’s official statement confirms that Payward will be its first implementer under CFTC regulations, operating through the permissioned HIP-3* framework.  This alliance represents a strategic bridge between decentralized ...

Kraken Parent Payward Eyes First CFTC-Regulated Hyperliquid Futures Market

Kraken parent Payward plans to become the first Commodity Futures Trading Commission (CFTC)-regulated operator to deploy perpetual futures markets on Hyperliquid for eligible U.S. customers. The proposal would combine Hyperliquid’s onchain trading infrastructure with Bitnomial’s regulated exchange and clearing operations and Ninjatrader’s brokerage services. The initiative requires regulatory approval, while Hyperliquid’s upcoming HIP-3* upgrade…

Payward Aims to Become First CFTC-Regulated HIP-3* Deployer

Payward, Kraken's parent company, is set to become the first CFTC-regulated HIP-3* deployer, potentially reshaping crypto derivatives.

Kraken parent Payward targets CFTC-regulated US perps

Kraken parent Payward plans the first CFTC-regulated HIP-3 deployer slot on Hyperliquid, bringing US perpetual futures onshore. We read what it means.