The NYSE's owner just chose Hyperliquid's tech. But ICE didn't buy a single $HYPE . 🧐
On Oct 29, ICE signed a deal to run US-regulated markets for Trade[XYZ] on Hyperliquid and take a stake in the company. Trade[XYZ] says its markets passed $650B in volume in just over a year.
Before you get excited:
⚠️ It's an equity stake, not a token purchase
⚠️ CFTC approval is still needed, with no launch date
⚠️ After the Sep 17 news, HYPE hit a record $97.96, then fell to about $76 by Oct 26
Real adoption signal? Yes. Automatic price pump? History says be careful.
Does regulated access make HYPE stronger long term, or is the news priced in? 👇
$HYPE
#Hyperliquid #HYPE #Binance
On Oct 29, ICE signed a deal to run US-regulated markets for Trade[XYZ] on Hyperliquid and take a stake in the company. Trade[XYZ] says its markets passed $650B in volume in just over a year.
Before you get excited:
⚠️ It's an equity stake, not a token purchase
⚠️ CFTC approval is still needed, with no launch date
⚠️ After the Sep 17 news, HYPE hit a record $97.96, then fell to about $76 by Oct 26
Real adoption signal? Yes. Automatic price pump? History says be careful.
Does regulated access make HYPE stronger long term, or is the news priced in? 👇
$HYPE
#Hyperliquid #HYPE #Binance