Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.

ICE CEO calls Hyperliquid decentralized exchange "bigger than Nasdaq" citing innovation in trading, leverage, and market dynamics.

ICE CEO Jeff Sprecher said Hyperliquid is bigger than NASDAQ and run by 11 people, highlighting the DeFi platform's $650M annualized revenue and rapid growth.