Hyperliquid Tipped to Acquire Gemini Exchange in Bid for US Market Dominance
Ark Invest's crypto research director has suggested that Hyperliquid acquire Gemini exchange to secure a regulated U.S. platform and expand its market presence.
Gemini recently obtained key CFTC licenses, providing a strong regulatory foundation for the acquisition.
Hyperliquid could fund the $450 million deal using its HYPE token reserves and shift strategy from buybacks to aggressive growth.
The decentralized exchange is also preparing for U.S. access by screening sanctioned wallets and testing KYC features, signaling readiness for regulated operations.