Intercontinental Exchange (ICE): Has engaged in multiple discussions with Hyperliquid to explore market access opportunities for on-chain perpetual contracts

According to The Block, Jeffrey Sprecher, Chairman and CEO of Intercontinental Exchange (ICE), stated that ICE has met with the Hyperliquid team on multiple occasions to evaluate the possibility of entering the on-chain perpetual futures market—currently dominated by Hyperliquid—and has engaged with regulators to seek a “level playing field” for related business activities. Sprecher said ICE wants clarity on whether such business is legal; if it is, the company is willing to participate further; if not, it questions why existing participants are not subject to equivalent regulatory pressure. The report adds that ICE is also exploring potential synergies between its existing business and the on-chain perpetual futures market.