Kraken parent company Payward plans to deploy a CFTC-regulated perpetual futures market through Hyperliquid.
Hyperliquid officially announced that Payward, the parent company of Kraken, plans to use Hyperliquid as underlying infrastructure to deploy a perpetual futures market for U.S. users, becoming the first institution to deploy CFTC-regulated trading products on the HIP-3* market. The specific plan still requires regulatory approval.