Hyperliquid Strategies subsidiary HypeStrat Markets applies for FCM registration, plans to onboard U.S. client accounts

Odaily reports: The CEO of Hyperliquid Strategies (Nasdaq: PURR) stated that the company has submitted an application for Futures Commission Merchant (FCM) registration. NFA records show that the application was filed by its subsidiary HypeStrat Markets and is currently pending approval. If regulatory approval is granted, the FCM plans to open and carry accounts for U.S. clients based on Hyperliquid HIP-3 permissioned markets; the outcome and timeline of the application remain uncertain.