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Regulation

Druckenmiller invests in Trade[XYZ] as ICE plans regulated Hyperliquid market

Image: Cryptopolitan

Stan Druckenmiller shared on X on October 29 that he had invested in Trade[XYZ], which develops perpetual futures on Hyperliquid. That same day, Intercontinental Exchange (ICE), owner of the New York Stock Exchange, unveiled plans for a regulated, 24/7 U.S. venue. The new market still needs regulatory approval. A veteran macro investor, not a crypto convert In an October 29 post , Druckenmiller said he was “excited to be an investor in trade(xyz)” and hoped the product would “enhance my investment process.” He disclosed no amount. Galaxy called it his first-ever X post. Druckenmiller’s investment also reflects his views on crypto. In a Morgan Stanley interview , he questioned its role as a store of value. However, he saw practical benefits in blockchain and stablecoins.

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