The agency is proposing its largest overhaul of public listing rules in over 20 years, cutting compliance costs and giving crypto firms a much easier path to raise cash on Wall Street.
Bitcoin held near $76,800 as altcoins weakened, WLFI slid and traders watched whether the largest cryptocurrency can hold Tom Lee’s line in the sand.
The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.
The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid’s ecosystem, Compass Point analysts said.
Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
