SEC Crypto Task Force Meets Hyperliquid Representatives to Discuss Crypto Asset Regulation

On July 14, 2026, the SEC Crypto Task Force met with representatives from the Hyperliquid Policy Center (an independent research and advocacy organization), Highland Labs Pte. Ltd. (the software development company behind Hyperliquid Labs), and XYZ Ltd. (a HIP-3 deployer for traditional-asset perpetual markets), with Sullivan & Cromwell LLP serving as legal counsel. The delegation briefed SEC staff on the Hyperliquid protocol's technology, markets, and ecosystem participants as part of the Commission's ongoing dialogue on crypto asset regulation. The meeting was formally logged in the SEC Crypto Task Force's public meeting record.

Claims

• ▪XYZ Ltd. is a core contributor to the XYZ protocol and a HIP-3 deployer for traditional-asset perpetual markets on Hyperliquid
• ▪The Hyperliquid Policy Center is an independent research and advocacy organization advancing a clear, regulated pathway for Americans to access onchain markets
• ▪The SEC Crypto Task Force meeting on July 14, 2026 covered approaches to crypto asset regulation, with specific focus on the Hyperliquid protocol's technology, markets, and ecosystem participants
• ▪Highland Labs Pte. Ltd. (Hyperliquid Labs) is a software development company contributing to the Hyperliquid protocol

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