Hyperliquid Labs CEO and co-founder Jeff Yan said he plans to bring traditional financial markets onto Hyperliquid, and discussed the protocol’s mechanism,HYPE token and the compliance requirements for entering the U.S. market.
X account @phongle posted: “Expect a flurry of TradFi announcements in crypto, digital assets, and DeFi before year-end. Regulatory clarity, client demand, and market realities are pulling the financial system onchain.”
According to a cited Bloomberg report, UK financial services lobbying organization UK Finance has removed Coinbase from its membership, and Coinbase reportedly may appeal.