Kraken parent Payward to launch CFTC-regulated futures for US clients

Payward, the parent company of Kraken, intends to launch CFTC-regulated futures for its US clients. By aiming to become the first CFTC-regulated deployer on Hyperliquid's HIP-3, Payward seeks to integrate blockchain technology with regulatory compliance. This strategic move could potentially reshape US derivatives trading and influence global market dynamics. Furthermore, the launch may enhance Hyperliquid's market credibility and interest, although the final outcome depends on receiving the necessary regulatory approvals to impact future market dynamics.