Hyperliquid: Kraken Parent Talks Target US Perps

Hyperliquid is negotiating with Kraken parent company to expand crypto perpetuals access for US traders through compliant channels. The layer-one blockchain, which hit mainnet ahead of the HYPE community airdrop in late 2024, already offers over 300 perpetual and spot markets onchain. This move aligns with broader regulatory navigation seen in hyperliquid crypto perpetuals exchange history and token launch efforts, potentially unlocking institutional flows without custody risks.