On the 16th, Payward, the parent company of cryptocurrency exchange Kraken, announced plans to offer on-chain perpetual futures to U.S. customers, contingent on regulatory approval. The initiative will begin with the HIP-3 market, developed by the decentralized finance platform HyperLiquid (HYPE).
HIP-3 allows participating entities to independently establish perpetual futures markets on HyperLiquid. Bitnomial, a CFTC-registered exchange and clearinghouse in the U.S., is involved as a registered exchange...