ICE, the parent company of the NYSE, plans to launch a Hyperliquid-based perpetual futures market in the US and acquire a minority stake in crypto startup Trade[XYZ]. The market will cover cryptocurrencies, equities, commodities, and currencies, pending regulatory approval. Billionaire investor Stanley Druckenmiller has invested in Trade[XYZ], which has already processed over $650 billion in trading volume on Hyperliquid. ICE will operate the new trading venue and clearing infrastructure, Trade[XYZ] will design the products, and Hyperliquid will provide the underlying technology. This move aims to expand the retail derivatives trading market.