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🚨🚨 Hyperliquid aims to empower Wall Street through its advanced blockchain derivatives trading infrastructure

Co-founder Jeff Yan told Bloomberg that regulators should oversee financial firms using the company's blockchain, rather than the network itself

This approach separates the responsibility of the platform from that of the institutions building their services upon it

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The platform remains closed to US clients for now, despite its ambition to draw in the big players from traditional markets

Yan aims to provide transparent and efficient infrastructure that enables financial institutions to benefit from the settlement speed and lower costs offered by decentralised technology

At the same time, he emphasises the need for compliance with existing regulations at the level of the entities using it, which could pave the way for broader adoption by Wall Street in the near future while maintaining a clear separation between the network and the applications built on top of it

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