ICE, the parent company of the New York Stock Exchange, is urging regulators to loosen restrictions on 24/7 on-chain perpetual contracts.

CoinFeed reported on May 29th, citing Cointelegraph, that Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), stated at the Bernstein Conference that regulators should allow regulated exchanges to offer 24/7 on-chain perpetual contract trading, creating a "level playing field" with decentralized exchanges like Hyperliquid. Sprecher stated that ICE has had multiple exploratory discussions with Hyperliquid regarding on-chain perpetual contracts and their integration with TradFi to "learn" about relevant models.