Hyperliquid Strategies applies for CFTC futures broker status after $13.3 million quarter
Nasdaq-listed Hyperliquid Strategies, which holds a large HYPE treasury, has filed to register as a futures commission merchant with the CFTC so it can carry US client accounts for Hyperliquid perpetual markets. The application still needs regulatory approval. The company reported $13.3 million in revenue for the September quarter and net income of $620.6 million, driven largely by unrealised gains on its HYPE holdings.