Hyperliquid Strategies seeks CFTC FCM registration after strong quarter
BROBROK News · Based on reporting by The Block ·
Hyperliquid Strategies reported $13.3 million in quarterly revenue and $620.6 million in net income. It also filed with the CFTC to become an FCM, tied to U.S. HIP-3 perpetual markets.
Key points
- $13.3 million in quarterly revenue
- $620.6 million in net income
- Filed with the CFTC to become an FCM
- Move is linked to U.S. HIP-3 perp markets
Why it matters
The filing suggests the company is preparing for a more regulated role in the U.S. derivatives market. It also points to continued institutional interest in crypto perpetual products under CFTC oversight.
Original headline: “Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue”
Read the original on The Block
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.