Kraken Parent Company Unveils Perpetual Futures Plan for US Market

Payward, the parent company of Kraken, is introducing perpetual futures on Hyperliquid to U.S. customers. This move follows regulatory approval.

The plan involves creating new contracts for U.S. customers instead of opening existing Hyperliquid markets.

The transactions will be conducted through the HIP-3 structure, which allows third parties to create and manage their own perpetual futures markets.

Bitnomial Exchange, regulated by the CFTC, will list the contracts, while Bitnomial Clearinghouse will handle clearing and settlement.