Hyperliquid Strategies Files to Become US Futures Broker Following HYPE Profit Gains
Key Highlights: A subsidiary of Hyperliquid Strategies has applied for a Futures Commission Merchant (FCM) license with the CFTC to clear permissioned HIP-3 perpetual futures markets for US retail accounts. Reported net income reached $620.6 million, but was driven by $803.0 million in unrealized $HYPE token gains; underlying pre-tax operating income stood at just $5.2 ...
