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Kraken Parent Payward Pursues Perpetual Futures for US Customers on Hyperliquid

Source
JH Kim

Summary

  • Payward is pursuing a plan to offer perpetual futures trading to US customers through Hyperliquid.
  • The service is planned to be offered through Bitnomial, which is regulated by the US Commodity Futures Trading Commission.
  • The launch is contingent on regulatory approval, and no specific timeline has been disclosed.

Payward, the parent company of cryptocurrency exchange Kraken, is pursuing a plan to offer perpetual futures trading to US customers through Hyperliquid.

Cointelegraph reported on October 26 that Payward plans to provide the service through Bitnomial, which is regulated by the US Commodity Futures Trading Commission.

The plan would enable perpetual futures trading for US customers on Hyperliquid.

The service would launch only after regulatory approval, and no specific timeline has been disclosed.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Derivatives
#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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