ICE, the parent company of the NYSE, plans to build a compliant perpetual contract market on Hyperliquid and has also invested in Trade[XYZ]. Druckenmiller, a legendary macro investor and former trading partner of George Soros, announced his investment, to which Elon Musk responded with "Interesting." HYPE rose 15% today, reaching around 91, not far from its previous high of 97.96. The significance of this event lies not in the magnitude of the rise, but in the fact that previously, it was the crypto space trying to integrate with traditional finance; now, core institutions in traditional finance are actively using crypto infrastructure. On-chain transactions and clearing are no longer just a game for the crypto space, but are beginning to become one of the underlying layers of mainstream finance. HYPE