POPA ReconKraken Parent Payward Plans US Onchain Perpetual Futures
Kraken Parent Payward Plans US Onchain Perpetual Futures Payward, Kraken's parent company, plans to bring compliant onchain perpetual futures to US clients, using builder-deployed markets on the Hyperliquid blockchain through its CFTC-regulated entities. Rather than build a venue from scratch, Payward will tap Hyperliquid's builder-deployed markets, a model that lets outside teams spin up perp markets on the network while routing through Kraken's regulated US wrappers. Hyperliquid has grown into one of the largest onchain perpetuals venues by volume, and the tie-up gives US traders a complia…
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