Is this a direct follow-up to Trump's plan to bring Hyperliquid to the US market? ICE, the parent company of the NYSE, announced a partnership with Tradexyz to bring Hyperliquid-based perpetual contracts to the compliant US market. On one side is ICE, representing the core of traditional financial infrastructure, and on the other is Stan Druckenmiller, a legendary hedge fund investor in Tradexyz. Does this look like a done deal? Previously, we analyzed that pure Hyperliquid entering the US market would face restrictions and significant regulatory friction. However, with ICE leading the way, leveraging its institutional license and compliance expertise to act as a regulatory operator, using Hyperliquid's technology and liquidity infrastructure, and with the backing of top-tier institutions like Stan's funding and influence, it seems like a more feasible way to bring Hyperliquid to the US. However, what's most impressive is OKX. No matter how they play the ICE card, they win. Amazing!