Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Hyperliquid is in advanced talks to bring its perpetual futures to US traders through Kraken’s parent company Payward, just weeks after President Trump said his administration was working to bring the fast-growing platform into the US. (Source: Bloomberg)

Hyperliquid is in advanced discussions to introduce its perpetual futures to US traders via Kraken’s parent company, Payward. This development follows President Trump's announcement regarding efforts to facilitate the platform's entry into the US market.

Hyperliquid In Talks For US Market Entry

Hyperliquid Labs and Kraken parent Payward have entered advanced talks to offer selected Hyperliquid-linked perpetual futures to U.S. traders through CFTC-regulated exchange Bitnomial. Hyperliquid could reach U.S. traders through Bitnomial Bloomberg reported on Aug. 31 that Hyperliquid Labs and Payward&#8230;

Hyperliquid Labs and Kraken parent Payward are in advanced discussions to offer Hyperliquid-linked perpetual futures to U.S. traders via the CFTC-regulated exchange Bitnomial. This development could enable Hyperliquid to access the U.S. trading market.

Hyperliquid, Kraken parent explore regulated U.S. futures launch

Hyperliquid has faced a potential 10-to-12-month regulatory process to enter the U.S. market even if federal agencies move quickly, according to former SEC senior counsel Ashley Ebersole, after President Donald Trump said regulators were working on a compliant route for&#8230;

Hyperliquid may face a regulatory process of 10 to 12 months to enter the U.S. market, even with expedited efforts from federal agencies, according to former SEC senior counsel Ashley Ebersole. This follows President Donald Trump's statement regarding regulators working on a compliant route for the platform.

What would it take to bring Hyperliquid to the US? Former SEC counsel explains

Payward has reportedly presented the CFTC with an outline of the proposed structure, though regulatory approval is still pending.

Hyperliquid is seeking to establish a presence in the U.S. market through a deal with Payward, the parent company of Kraken, focused on crypto perpetuals. Payward has submitted a proposed structure to the CFTC, but regulatory approval is still pending.

Hyperliquid seeks US foothold through Kraken parent Payward in crypto perpetuals deal: Bloomberg

A deal would route the decentralized exchange's perpetual futures through Payward's US-regulated Bitnomial, marking Hyperliquid's first US entry—weeks after Trump said his administration was working to bring it onshore.

Hyperliquid is in discussions with Kraken's parent company to introduce its decentralized exchange's perpetual futures to US traders. This potential deal would utilize Payward's US-regulated Bitnomial, marking Hyperliquid's first entry into the US market.

Hyperliquid in Talks With Kraken Parent to Bring Crypto Perps to US Traders

Hyperliquid is reportedly in advanced discussions to launch its perpetual futures for U.S. traders through Payward, following recent comments from President Trump about facilitating the platform's entry into the U.S. market.

Hyperliquid's U.S. Market Entry Talks Gain Momentum

هايبرليكويد لابز في مناقشات متقدمة مع بايورد، الشركة الأم لكراكن، لتقديم عقود آجلة دائمة للمتداولين الأمريكيين عبر بورصة بيتنوميال المنظمة من قبل CFTC. قد يمثل هذا التحرك دخول هايبرليكويد الأول إلى السوق الأمريكية، على الرغم من أن الموافقة التنظيمية لا تزال معلقة وقد تستغرق من 10 إلى 12 شهرًا، وفقًا لمستشار سابق في SEC.

Hyperliquid Labs está en conversaciones avanzadas con Payward, la empresa matriz de Kraken, para ofrecer futuros perpetuos a los comerciantes estadounidenses a través del intercambio Bitnomial regulado por la CFTC. Este movimiento podría marcar la primera entrada de Hyperliquid en el mercado estadounidense, aunque la aprobación regulatoria aún está pendiente y puede tardar de 10 a 12 meses, según un exconsejero de la SEC.

Hyperliquid Labs est en discussions avancées avec Payward, la société mère de Kraken, pour proposer des contrats à terme perpétuels aux traders américains via l'échange Bitnomial réglementé par la CFTC. Ce mouvement pourrait marquer la première entrée de Hyperliquid sur le marché américain, bien que l'approbation réglementaire soit encore en attente et puisse prendre de 10 à 12 mois, selon un ancien conseiller de la SEC.