ICE CEO Discusses Hyperliquid Collaboration on May 29, Eyes SpaceX IPO Impact

HYPE10.8%
SPACEX-2.16%
According to PANews, Intercontinental Exchange (ICE) founder and CEO Jeff Sprecher said on May 29 that he has met with the Hyperliquid team multiple times to discuss overlapping business areas and potential collaboration opportunities. Sprecher highlighted Hyperliquid's weekend oil trading when traditional oil markets are closed, and noted the platform's recently launched SpaceX derivatives trading. He added that when SpaceX goes public on June 11, it will be worth observing whether private market price discovery influences the IPO valuation.
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