US President Donald Trump said the Commodity Futures Trading Commission is working on decentralized derivatives exchange Hyperliquid’s entry into the US market.

Cointelegraph reported on August 19 that Trump made the remarks during a White House meeting with executives from the technology and cryptocurrency industries.

The meeting was also attended by the heads of the CFTC and the Securities and Exchange Commission, along with representatives from major crypto companies including Coinbase and Ripple, according to the report.