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HYPERLIQUID EYES US ENTRY VIA KRAKEN'S PAYWARD

AI DESK1 MIN READ
MON, AUG 31, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Hyperliquid Labs is in advanced talks to launch perpetual futures trading to US customers through Payward, the parent company of crypto exchange Kraken. The move comes weeks after President Trump indicated efforts to bring the offshore platform onshore.

The discussions represent a significant step toward US regulatory compliance for Hyperliquid, which has operated primarily outside American jurisdiction. Payward's involvement could provide the infrastructure and compliance framework needed to navigate US financial regulations. Hyperliquid has emerged as one of the largest decentralized derivatives platforms, attracting substantial trading volume from global users. Its potential US entry would expand access to American traders currently restricted from using the platform directly. Trump's public statements about bringing Hyperliquid onshore in recent weeks appear to have accelerated discussions. The timing suggests regulatory appetite may be shifting toward accommodating crypto trading platforms that meet compliance standards. Payward operates Kraken, one of the few crypto exchanges holding a New York BitLicense, positioning it well to manage regulatory requirements. A successful partnership could serve as a model for other offshore crypto platforms seeking US market access.

■ SOURCES

Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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