NYSE owner takes Trade[XYZ] stake as it plans US Hyperliquid futures

NYSE owner takes Trade[XYZ] stake as it plans US Hyperliquid futures
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is planning a US perpetual-futures market built on Hyperliquid. On Oct. 29, ICE and Trade[XYZ], a crypto startup building products on Hyperliquid, announced plans to establish a dedicated US market for round-the-clock perpetual futures covering crypto, equities, commodities, and currencies, subject to regulatory approval.… … Read more

Strategy’s STRC nears $100 level that could reopen a Bitcoin funding channel

Strategy’s STRC nears $100 level that could reopen a Bitcoin funding channel
Strategy's STRC preferred stock closed eight cents below its $100 stated value as shareholders approved daily dividends on four preferred securities. Executive Chairman Michael Saylor said preliminary results from the Oct. 28 vote showed 99.3% of votes cast supported the amendment, allowing the company's four US-listed preferred securities, STRC, STRF, STRK and STRD, to accrue… … Read more