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ICE CEO Says Exchange Has Held Multiple Talks With Hyperliquid on Cooperation

ICE CEO Says Exchange Has Held Multiple Talks With Hyperliquid on Cooperation

At a Bernstein conference on May 29, ICE CEO Jeffrey Sprecher said ICE is in mutual discussions with Hyperliquid as it explores entry into perpetual futures, while the CFTC approved Kalshi’s Bitcoin perpetual futures the same day.

BTC
HYPE

Fact Check
The Seeking Alpha transcript confirms Sprecher's appearance at the Bernstein 42nd Annual Strategic Decisions Conference on May 27, 2026. PANews and Odaily independently report Sprecher's statement that ICE has met multiple times with Hyperliquid to discuss business overlap and potential cooperation. The X post by @TheOneandOmsy directly quotes Sprecher's praise. Contextual claims (HYPE at ~$64 record, HYPE spot ETFs ~$100M inflows, prior ICE/CME CFTC scrutiny urging on May 15) are corroborated by the Odaily feature.
Summary

ICE Chief Executive Officer Jeffrey Sprecher said Intercontinental Exchange is in mutual discussions with Hyperliquid as ICE seeks to enter perpetual futures, making the remarks on May 29 at a Bernstein conference. The comments reinforce ICE’s exploration of onchain perpetuals and broader collaboration with crypto-native market infrastructure as traditional exchange operators push for ways to participate in 24/7 derivatives trading. The same day, the CFTC approved Kalshi’s Bitcoin perpetual futures, adding a new regulatory development to the debate over how perpetual products may fit within U.S. regulated markets. Together, the developments highlight rising competitive and regulatory pressure on incumbent exchanges as perpetual futures gain traction.

Terms & Concepts
  • perpetual futures: Derivatives contracts with no fixed expiration date, allowing traders to maintain exposure continuously rather than settling on a set maturity date.
  • Hyperliquid: A crypto trading platform focused on blockchain-based perpetual futures and other decentralized derivatives markets.
  • CFTC: The U.S. Commodity Futures Trading Commission, the federal regulator overseeing commodity futures, options, and related derivatives markets.