Hyperliquid Eyes U.S. Market Entry via Bitnomial
- Hyperliquid is in advanced talks to offer its perpetual futures to U.S. traders through Kraken’s parent company, Payward.
- The arrangement involves using Bitnomial, a U.S.-regulated digital asset exchange and clearinghouse.
- Hyperliquid handles over $4 billion in daily volume with no central operator.
- President Trump’s administration has shown interest in bringing Hyperliquid onshore, with CFTC Chairman Michael Selig involved.
- The SEC and CFTC are pushing for offshore perpetual futures trading to return to U.S. platforms.
Hyperliquid’s potential entry into the U.S. market through Bitnomial would address regulatory concerns by providing a regulated framework for its decentralized platform, which currently operates without a central operator.
This move could serve as a template for other offshore platforms seeking U.S. market access while complying with regulatory requirements, potentially reshaping the landscape of decentralized finance in the country (Source).
