Hyperliquid has received 15 million USDC, with the funds earmarked specifically for a buyback program tied to the HYPE token. The update was reported by Techub News and cited Crypto Briefing. Separately, Hyperliquid’s policy committee had earlier submitted feedback to the European Union on the evolution of the Markets in Crypto-Assets regulation, or MiCA. The committee also urged regulators to bring on-chain perpetual contracts within the scope of the MiFID II framework. The report links the funding update with Hyperliquid’s recent regulatory outreach in Europe, while stopping short of giving more detail on the source of the USDC or the mechanics of the buyback.
Hyperliquid has received 15 million USDC, and the funds will be used exclusively for a HYPE token buyback program, according to Techub News, which cited Crypto Briefing.
Earlier, Hyperliquid’s policy committee submitted feedback to the European Union on the evolution of the Markets in Crypto-Assets regulation, or MiCA. It also urged regulators to include on-chain perpetual contracts within the MiFID II framework.
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