Kraken Parent Payward to Launch US Onchain Perpetuals

Crypto Insight Summary: Payward plans to launch the first regulated U.S. onchain perpetual futures markets using the Hyperliquid protocol. Regulatory framework and oversight Payward, the parent company of cryptocurrency exchange Kraken, announced Sept. 16 its plans to deploy onchain perpetual futures markets for U.S. clients through the decentralized trading protocol Hyperliquid. The initiative, which remains subject to regulatory […] Crypto Insight Analysis: Direction: Bullish KRAKEN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulated onchain futures could attract institutional investors, boosting Kraken's market position.