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ICE CEO Jeff Sprecher said at the Bernstein Conference that Hyperliquid is “bigger than Nasdaq” despite having only 11 employees. He reveal…

ICE CEO Jeff Sprecher said at the Bernstein Conference that Hyperliquid is “bigger than Nasdaq” despite having only 11 employees. He revealed he has met with the team multiple times and praised them as “very, very smart people.” Sprecher also said Hyperliquid’s SpaceX derivatives market could become “bigger than the IPO itself” when SpaceX goes public on June 11. He questioned regulators over allowing such products while restricting traditional exchanges, noting Hyperliquid’s perpetual futures would be treated as swaps under traditional financial rules.
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