Payward aims to be first CFTC-regulated deployer on Hyperliquid's HIP-3

Kraken: Kraken is a major cryptocurrency exchange whose parent company is Payward. The parent's regulatory ambitions on Hyperliquid reflect Kraken's ongoing efforts to expand compliant operations. This ties into broader industry moves toward regulated decentralized deployments. Payward: Payward is the parent company of the cryptocurrency exchange Kraken. It is actively pursuing regulatory compliance to become the first CFTC-regulated deployer on Hyperliquid's HIP-3. This positions Payward at the intersection of traditional oversight and decentralized platform participation. Hyperliquid: Hyperliquid is a decentralized trading platform that introduced HIP-3 to support regulated deployments. The framework allows entities like Payward to operate under CFTC standards on its infrastructure. This development underscores Hyperliquid's focus on compliant integration in perpetuals and derivatives markets. Platform: Hyperliquid's HIP-3 enables CFTC-regulated deployments by external entities. Regulation: Payward plans to become the first CFTC-regulated deployer on Hyperliquid's HIP-3.