According to CoinMeta, and as reported by Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is collaborating with Trade XYZ to launch perpetual futures (perpetual futures) products in compliant US markets. The two parties intend to build a new trading market based on the underlying infrastructure of Hyperliquid, along with independent clearing, KYC, and anti-money laundering (AML) systems. They will also use derivatives linked to stocks, stock indices, commodities, and foreign exchange. Currently, this business is still awaiting regulatory approval. As part of the collaboration, ICE will make an equity investment in Trade XYZ, although the specific details of the investment have not been disclosed. Previously, Trade XYZ had already launched perpetual derivatives on crude oil and traditional stock indices on Hyperliquid.