A subsidiary of Hyperliquid Strategies has applied to become a US futures commission merchant to handle customer accounts for permissioned perpetual futures markets deployed on Hyperliquid, the company said. Both the application and the proposed markets need regulatory approval. The permissioned markets would also depend on proposed Hyperliquid features that would restrict participation to approved addresses.
Separately, Intercontinental Exchange announced an agreement with Trade[XYZ] to bring Hyperliquid-based perpetual markets to the US, also subject to regulatory approvals.