The brief report says the New York Stock Exchange discussed the on-chain perpetual futures market with Hyperliquid, a crypto trading platform focused on decentralized derivatives.
The New York Stock Exchange reportedly held multiple talks with Hyperliquid as it explored entering the on-chain perpetual futures market. The source provides no details on timing, deal structure, or whether the discussions will lead to a product launch. The report nonetheless points to growing attention from traditional financial institutions toward blockchain-based derivatives, where perpetual futures (crypto derivatives without expiry) are commonly used for continuous leveraged trading on crypto-native venues.