Hyperliquid Partners with Kraken Parent to Bring Crypto Perpetual Futures to U.S. Traders

Hyperliquid Labs and Kraken's parent company Payward are in advanced talks to bring crypto perpetual futures to U.S. traders through a partnership between Hyperliquid and Bitnomial, a regulated subsidiary of Payward.

The proposed deal would allow registered U.S. users access to a limited selection of crypto perps linked to Hyperliquid's markets through Bitnomial, which is licensed by the Commodity Futures Trading Commission (CFTC).

Payward acquired Bitnomial earlier this year for up to $550 million, giving it control of a CFTC-licensed derivatives stack that covers exchange, clearing, and brokerage operations.