Druckenmiller Backs Hyperliquid Trading Venue as ICE Deal Sends HYPE Up 20%
Stanley Druckenmiller invested in Trade[XYZ], a Hyperliquid-based derivatives developer, which partnered with ICE to create a regulated U.S. perpetual futures market. The announcement boosted Hyperliquid's token, HYPE, by 20% to $96.06. ICE will operate the market and take a minority stake, with regulatory approval pending. Trade[XYZ] has processed over $650 billion in trading volume on Hyperliquid.



