In brief
- ICE and Hyperliquid are learning from each other’s models and operations, ICE CEO Jeffrey Sprecher said.
- Sprecher said SpaceX perps may test whether crypto prices matter before IPOs.
- The CFTC on Friday approved Bitcoin perpetual futures on prediction market platform Kalshi.
Hyperliquid has become a wake-up call for traditional markets, prompting discussions with the crypto venue, studying its 24/7 model, and asking regulators whether U.S. exchanges can offer similar perpetual futures under clear rules.
That’s according to Jeffrey Sprecher, founder, chairman and CEO of Intercontinental Exchange, who spoke at a fireside chat during Bernstein’s 42nd Annual Strategic Decisions Conference on Wednesday.
“We’re not freaked out…
