Hyperliquid starts DeFi lobbying group with $29 million token backing

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Why This Matters

Hyperliquid has established a DeFi lobbying group with a $29 million token backing, emphasizing the need for the U.S. to adopt new rules as the market migrates to blockchain, or risk being left behind.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Jake Chervinsky, CEO of the Hyperliquid Policy Center, said markets are migrating to blockchain, and the U.S. need to adopt new rules of risk being left behind.

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Full article on CoinDesk
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Original article published by CoinDesk on February 18, 2026.
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