Hyperliquid in talks with Kraken’s Payward to enter US perpetual futures market

Photo: Photo: Rostislav Uzunov / Pexels / Pexels Hyperliquid is reportedly in discussions with Payward, the parent company of Kraken, to introduce its perpetual futures products to U.S. market participants. This development, reported by Laura Shin, suggests a strategic move by Hyperliquid to tap into the regulated U.S. market for perpetual futures. The talks reportedly involve leveraging Bitnomial’s infrastructure, which Payward acquired earlier this year, to facilitate a regulated pathway for Hyperliquid’s offerings. This aligns with Kraken’s recent introduction of CFTC-regulated perpetual futures for U.S. clients, indicating a potential expansion of Hyperliquid’s market presence in the U.S. Key Takeaways Hyperliquid’s negotiations with Payward appear to suggest a strategic entry into the U.S. market for perpetual futures. Market pricing for Hyperliquid reaching $100 by the end of 2026 is currently at 63.5% YES, indicating confidence in its growth potential. The talks may indicate a broader regulatory acceptance of Hyperliquid’s offerings, enhancing its market credibility. What to Watch Markets will be closely monitoring the finalization of these negotiations and any formal announ...