Hyperliquid Establishes DeFi Policy Center in Washington D.C.

Hyperliquid has launched a DeFi Policy Center in Washington D.C. to promote legal frameworks for decentralized finance adoption in the United States. According to NS3.AI, Jake Chervinsky will serve as CEO, concentrating on developing regulatory guidelines for perpetual derivatives. The center has received a donation of 1 million HYPE tokens, valued at approximately $28 million, and is in the process of recruiting for key leadership positions.