News linked to both this project and an event.
Don Wilson posted on X stating that after the New York Stock Exchange's parent company pushed to bring Hyperliquid into the U.S. market, he raised questions about the advantages of on-chain perpetual contracts, the transparency of positions and trades, whether the priority fee mechanism complies with CFTC core principles, and whether offshore and onshore order book liquidity can be merged. He noted that on-chain trading can reduce friction in an environment that requires no trust and identity verification, or receive purchased assets in real time through atomic transactions, but perpetual contracts themselves are not assets, so the latter advantage does not apply; he also asked whether Stan Druckenmiller regards real-time trackability of positions and trades as an advantage. Previously, ICE and trade[XYZ] announced plans to use Hyperliquid as infrastructure to deploy, after obtaining regulatory approval, a perpetual contract market covering crypto assets, equities, commodities, foreign exchange and other physical assets for U.S. traders, with ICE operating the regulated market and clearing architecture.
Odaily reports: Elon Musk retweeted Wall Street legendary investor Stan Druckenmiller's tweet disclosing his investment in Trade.xyz, and said "Interesting."Earlier news: Stan Druckenmiller (@standuquesne) posted his first tweet, stating that he has become an investor in Trade.xyz. Trade.xyz is collaborating with Intercontinental Exchange (ICE) and plans to bring Hyperliquid-based 24/7 perpetual futures to the United States. Stan Druckenmiller stated that as a market participant, he looks forward to using this product to improve his investment process.
Legendary Wall Street investor Stan Druckenmiller posted his first tweet stating that he has invested in Trade.xyz, expressing support for the platform's collaboration with the Intercontinental Exchange (ICE) to bring around-the-clock perpetual futures trading to the U.S. market. Druckenmiller stated that as a market participant, he looks forward to using the platform's innovative products to optimize his investment decision-making process.
Stan Druckenmiller (@standuquesne), Chairman and Chief Investment Officer of Duquesne Family Office, posted his first tweet, stating that he has become an investor in Trade.xyz. Trade.xyz is collaborating with Intercontinental Exchange (ICE) to bring Hyperliquid-based 24/7 perpetual futures to the United States. Stan Druckenmiller said that as a market participant, he looks forward to using this product to improve his investment process.