COINDESK · 2026-10-29 17:04 UTC

Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment

Stanley Druckenmiller invested in Trade[XYZ], a platform partnering with ICE (NYSE's parent) to offer Hyperliquid-based perpetual futures in the U.S., announced via his first X post. ICE will operate the regulated U.S. exchange and take a minority stake; the platform would offer around-the-clock trading in crypto, stocks, commodities and currencies pending CFTC approval. Druckenmiller's family office also holds $23.15 million in Hyperliquid Strategies Inc. (PURR) shares as of June 30; HYPE token rose nearly 20% following the announcement.

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