Hyperliquid treasury firm seeking U.S. regulatory nod as a domestic futures platform

From the source

The company said it's trying to establish a U.S. "futures commission merchant" with full compliance for activity with U.S. clients, though the timing is uncertain. Hyperliquid Strategies, a publicly traded company that buys and holds HYPE tokens, is formally seeking to move some trading activity into the U.S. with a pending application to be regulated as a futures commission merchant (FCM), according to a Thursday statement . "Setting up an FCM is how we intend to help bring markets deployed on Hyperliquid onshore," the company said in the statement in conjunction with its release of quarterly financial results. The Hyperliquid platform, which has become an overseas giant in the trading of perpetual futures, or “perps,” remains closed to the U.S. customers. It uses its own blockchain and has native token HYPE. Hyperliquid Strategy (PURR), the separate, publicly traded entity, focuses on buying, holding and staking the network's token. In August, President Donald Trump said that his…

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