ICE CEO Jeff Sprecher Says Hyperliquid Is "Bigger Than Nasdaq", Hints at Collaboration
ICE CEO Jeff Sprecher said he has met several times over the past month with the Hyperliquid team to discuss possible business collaboration, and described the DEX as "bigger than Nasdaq." The remarks follow reported meetings by ICE and CME executives with CFTC officials in Washington raising concerns about Hyperliquid's offshore structure and its 24/7 oil perpetuals, which were said to average more than $1 billion in daily volume.