Hyperliquid Labs has confirmed to the Financial Times that its headquarters are in Singapore, after the Monetary Authority of Singapore said it was not aware of the decentralized derivatives exchange being regulated in any major jurisdiction. The regulator had also warned investors that Hyperliquid’s perpetual contracts are not regulated by MAS. According to people familiar with the matter cited by the Financial Times, MAS viewed Hyperliquid’s decentralized nature as a reason it should not be treated as headquartered in Singapore and therefore outside the regulator’s scope. Hyperliquid, for its part, said it has not claimed, and has never claimed, to be licensed or authorized by MAS. The company also said it will continue constructive discussions with regulators. Company documents reviewed by the Financial Times showed that Hyperliquid Labs’ registered headquarters is in Singapore.
Hyperliquid Labs has confirmed to the Financial Times that its headquarters are in Singapore, after the Monetary Authority of Singapore (MAS) said it was not aware of the decentralized derivatives exchange Hyperliquid being regulated in any major jurisdiction.
According to the Financial Times, MAS had warned investors that Hyperliquid’s perpetual contracts are not regulated by the Singapore regulator.
People familiar with the matter told the newspaper that MAS viewed Hyperliquid’s decentralized nature to mean it should not be treated as headquartered in Singapore, placing it outside MAS oversight.
Hyperliquid Labs, however, told the Financial Times that its headquarters are indeed in Singapore. Company documents reviewed by the newspaper also showed that the firm’s registered headquarters is located there.
Hyperliquid said it has not claimed, and has never claimed, to be licensed or authorized by MAS. It added that it will continue constructive engagement with regulators.
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