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Regulation

Hyperliquid Strategies Files to Become CFTC-Registered Futures Commission Merchant

(3 hours ago) · 1 source · Summarized by CryptoBipto

Hyperliquid Strategies has filed an application with the Commodity Futures Trading Commission (CFTC) to become a registered Futures Commission Merchant (FCM). The entity also reported $13.3 million in quarterly revenue.

WHY IT MATTERS

In traditional finance, if you want to trade futures contracts — agreements to buy or sell something at a set price in the future — you typically do so through a licensed middleman called a Futures Commission Merchant (FCM).

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SOURCES

  • theblock.co

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