Payward to Launch Onchain Perpetual Futures for U.S. Clients
- Payward aims to introduce onchain perpetual futures contracts for U.S. clients, utilizing the Hyperliquid platform.
- Clients will open accounts with Payward’s registered broker and trade through a clearinghouse already supporting crypto perpetual contracts.
- Payward acquired Bitnomial for $550 million and NinjaTrader Clearing for $1.5 billion in previous transactions.
- Perpetual futures allow traders to speculate on digital asset price movements without owning the assets, with no expiration date.
- The trading market will operate on Hyperliquid’s blockchain, which features an onchain order book for trade matching and recordkeeping.
This initiative reflects Payward’s strategy to integrate innovative trading products into a regulated framework while leveraging existing infrastructure from acquisitions like Bitnomial and NinjaTrader Clearing.
With this launch, Payward is set to enhance its offerings by providing U.S. clients access to new perpetual futures contracts, although details on fees and expected volumes remain undisclosed.
