ARK Invest Director Suggests Hyperliquid Acquire Gemini

ARK Invest research director Lorenzo suggested that Hyperliquid should acquire Gemini to establish a compliant platform for HIP-3 and HIP-4 in the US. With Gemini's valuation down over 85% since its IPO, the acquisition could provide Hyperliquid with essential regulatory licenses, including NYDFS and CFTC registrations.