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deployment

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first_img Kraken's parent company plans to become Hyperliquid's first deployment entity regulated by the CFTC

The cryptocurrency trading platform Kraken's parent company Payward announced its intention to become the first CFTC-regulated deployer on the HIP-3* market of the on-chain perpetual contract infrastructure Hyperliquid. Payward will deploy a perpetual futures market for U.S. customers based on Hyperliquid as the infrastructure layer.Upon obtaining regulatory approval, Payward's designated contract market and derivatives clearing organization Bitnomial, which is regulated by the CFTC, will act as the HIP-3* deployer, responsible for creating, holding, and managing the relevant market, as well as completing contract clearing and settlement. If approved, Payward's CFTC-registered futures commission merchant NinjaTrader Clearing will take over customer accounts.Hyperliquid stated that HIP-3 will support optional deployer configurations for licensed markets in future network upgrades, with the new features collectively referred to as HIP-3*. At its core is an on-chain whitelist managed by the deployer or its sub-deployers, which is an incremental option for HIP-3, with the decision to enable it made by the deployer, while existing markets remain unchanged. The initial version has been launched on the test network, and the specifications are still preliminary and may be adjusted based on feedback. Hyperliquid stated that HIP-3* deployers are independently operated entities that use their on-chain infrastructure to operate their own markets and retain control and responsibility over the deployment.

first_img Matter Labs open-sources Prividium permission engine, German central bank tests self-hosted deployment

On September 8, the ZKsync development team Matter Labs announced that it has open-sourced the permission engine of its privacy blockchain platform Prividium for financial institutions under the Apache 2 license. This engine is responsible for managing roles and access permissions on the chain, determining who can read and write data. After the open-sourcing, institutions can run the permissioned chain in their own environment based on the public code without signing commercial agreements, and can independently inspect, run, and modify the core code, reducing reliance on a single vendor.The Deutsche Bundesbank became the first institution to test and deploy the open-source permission engine in its own infrastructure. Matter Labs stated that both parties will continue to collaborate on platform design and testing. Prividium achieves privacy by keeping transaction data within the institution, only recording zero-knowledge proofs that the ledger has been correctly updated on Ethereum or other compatible chains. Previously, the core of ZKsync OS, Atlas sequencer, Airbender prover, interoperability contracts, and block explorer and monitoring components have been open-sourced.Matter Labs CEO Alex Gluchowski stated that feedback from regulators indicated that relying solely on commercialized core components leads to unacceptable single vendor dependency, and the ability to run, inspect, and modify the code independently is a prerequisite for adoption. He also pointed out that this open-sourcing does not change the role of the ZK token, only adjusting which parts of the Prividium software are public code and which remain commercial products. Connectors such as management consoles, user access tools, and core banking system integrations remain paid products.
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