Elon Musk, in a post from his X account today, brought up TradeXYZ, which is connected to the Hyperliquid ecosystem. Musk quoted a post in which famous investor Stanley Druckenmiller announce
Elon Musk, in a post from his X account today, brought up TradeXYZ, which is connected to the Hyperliquid ecosystem. Musk quoted a post in which famous investor Stanley Druckenmiller announced his investment in the platform, adding the note “Interesting”.
In his post, Druckenmiller stated that he was excited to be a TradeXYZ investor. Highlighting the platform’s partnership with Intercontinental Exchange (ICE), the investor noted that the goal was to bring seamless perpetual futures trading on Hyperliquid to the US.
The renowned investor also stated that, as a market participant, he expects to use TradeXYZ’s products to improve his own trading process. However, he did not disclose the amount of his investment or the size of his stake.
Interesting https://t.co/HQiYAlfKWB
— Elon Musk (@elonmusk) October 29, 2026
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Details of the partnership were included in an official statement released today by ICE, the owner of the New York Stock Exchange. ICE announced it will make a strategic investment in TradeXYZ and become the exclusive operator of the platform’s regulated markets in the United States.
The plan involves establishing a separate marketplace and clearing structure using the Hyperliquid infrastructure. Targeted products include cryptocurrencies, stocks, commodities, and perpetual futures contracts tracking currency prices.
TradeXYZ currently offers eligible users outside the US the opportunity to trade in these markets 24/7. The new initiative aims to bring this model under the regulatory framework in the US.
However, obtaining the necessary permits is required to start trading in the US. The structure, which will also include leveraged trading, is expected to require clients to undergo identity verification and anti-money laundering checks.
*This is not investment advice.
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