Hyperliquid Plans to Apply for U.S. FCM Status
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On November 7, 2026, PYMNTS reported that digital asset treasury company Hyperliquid Strategies plans to apply for futures commission merchant (FCM) status in the United States and become a U.S.-regulated FCM to promote the entry of markets deployed on Hyperliquid into the United States. The report showed that the Hyperliquid platform currently blocks access for U.S. customers and primarily serves the perpetual futures market in other regions; Hyperliquid Strategies focuses on buying, holding, and staking HYPE. During the same period, the CFTC announced that equity perpetual contracts could begin trading on its registered exchanges. The report did not disclose whether the company had formally submitted an application, the application’s progress, or the approval timeline.
AI-written from reports · updated 3 hours ago
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- PYMNTSHyperliquid Strategies plans to apply for futures commission merchant status in the US
Digital asset treasury company Hyperliquid Strategies plans to become a US-regulated futures commission merchant (FCM) to help bring markets deployed on Hyperliquid into the US. The Hyperliquid platform is currently closed to customers in the US and mainly serves the perpetuals market in other regions; the company focuses on buying, holding and staking HYPE. The CFTC announced this week that equity perpetual contracts can begin trading on its registered exchanges.
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