Kraken Parent Co. in Talks with Hyperliquid for US Compliant Crypto Perps

Hyperliquid, a layer-one blockchain that launched its mainnet in late 2024 and conducted an HYPE airdrop, is advancing talks with Kraken's parent company to expand access to crypto perpetuals for US traders through compliant channels.

The move aims to unlock institutional flows without custody risks, building on Hyperliquid's history of regulatory navigation in crypto perpetuals exchange and token launch efforts. With over 300 perpetual and spot markets already available onchain, this development could mark a significant milestone for the platform.