Kraken Parent Payward to Offer On-Chain Perpetual Futures to US Clients via Hyperliquid

Payward, the parent company of Kraken, plans to provide on-chain perpetual futures to US customers through the decentralized platform Hyperliquid. Bitnomial will deploy and clear the HIP-3 market, while NinjaTrader Clearing will host customer accounts. Payward stated it will be the first registered US exchange and clearinghouse to deploy markets on Hyperliquid.