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Key Takeaways
- FCM would carry U.S. accounts on HIP-3* markets
- Q3 net income: $620.6M on $803M unrealized gains
- HYPE treasury grew from 29.3M to 38.5M
- No launch date, contracts or fees disclosed
The Nasdaq-listed company, which trades as PURR, disclosed the filing in its November 5 results release, where CEO David Schamis described the application and the quarter’s token buying as “the same bet.”
What a U.S. Account Would Mean
A futures commission merchant is the firm that takes a customer’s orders and holds the money backing them, as the National Futures Association describes the role. It stands between the trader and the market. It does not run the market.
That is the position Hyperliquid Strategies is seeking. Its subs...
English (US)