Stanley Druckenmiller, a renowned hedge fund manager, announced his investment in TradeXYZ, a developer of perpetual futures markets on the Hyperliquid exchange. TradeXYZ partnered with Intercontinental Exchange (ICE) to bring its perpetual futures trading onshore to the U.S., seeking regulatory approval. This news caused a surge in shares and options trading of Hyperliquid Strategies, which invests in the HYPE token powering Hyperliquid. The partnership signals growing demand for regulated perpetual futures trading in the U.S. market.
Shares of Hyperliquid Strategies Inc (PURR) surged 19.06% to USD 11.87 on Pluang, reflecting strong investor interest following the news. The stock trades with a market cap of $1.97 billion and balanced buy-sell activity as of Oct 30, 2026 02:11 WIB.
