ICE urges permission for 24-hour on-chain derivatives... traditional exchanges also face competitive pressure

Intercontinental Exchange (ICE), parent company of the NYSE, is urging regulators to allow 24-hour on-chain perpetual futures trading. ICE CEO Jeffrey Sprecher stated that the growth of decentralized exchanges like Hyperliquid signals the need for traditional finance to catch up, and ICE wants to compete on equal terms. He confirmed exploratory discussions with Hyperliquid regarding the on-chain perpetual futures market, indicating a move by traditional finance towards blockchain trading infrastructure.

Catch the next bull catalyst

Telegram alerts when our AI scores a story 8+/10 (~1-3 per day, no spam). Verified 30d hit rate 50.7%.

Join Telegram channel or scan with phone →