Some additional info on TradeXYZ x Intercontinental Exchange Partnership: - ICE will be the exclusive operator of trade[XYZ]’s regulated U.S. markets, and is taking a minority stake in trade[XYZ]. - They will build a new, dedicated market and clearing structure on Hyperliquid, with full KYC/AML, and will seek approval for leveraged trading. - They view this as a market for retail traders seeking short-duration, around-the-clock exposure - important because ICE’s participation today is >99% institutional. Retail is an entirely new market for them. - Customers get in through futures brokers (FCMs) that join the platform, plus ICE’s joint venture with OKX (ICE invested in OKX earlier this year). -Contracts span crypto, equities, indices, commodities, FX, and other RWAs, 24/7.