Hyperliquid Discusses US Market Entry With Kraken Parent Payward
JH Kim
Summary
- Decentralized derivatives exchange Hyperliquid is in talks with Payward, Kraken's parent company, about entering the US market.
- The companies are discussing a potential US expansion, though details of any partnership structure and the scope of services remain undisclosed.
- It remains unclear whether the talks involving Hyperliquid, a decentralized exchange focused on perpetual futures, will lead to a formal partnership.
Forecast Trend Report by Period
Decentralized derivatives exchange Hyperliquid is in talks with Payward, Kraken's parent company, about a potential entry into the US market, Cointelegraph reported on Aug. 31.
The companies are discussing the possibility of a US expansion. Details of any partnership structure and the scope of services to be offered in the US have not been disclosed.
Hyperliquid is a decentralized exchange, or DEX, that has grown around perpetual futures trading. It remains unclear whether the talks will lead to a formal partnership.
JH Kim
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