The post Hyperliquid Taps Lawyer Jake Chervinsky To Lead Policy Shop appeared on BitcoinEthereumNews.com.

Crypto platform Hyperliquid has launched a new advocacy organization to push decentralized finance policy changes in the US Congress. The Hyperliquid Policy Center said on Wednesday that it had launched in Washington, DC, and named Jake Chervinsky as founder and CEO, a veteran crypto lawyer who was the legal head at crypto venture fund Variant and former policy chief at crypto lobbyist Blockchain Association. The organization said it will look to advance “a clear, regulated path for decentralized finance to thrive in the United States” and will push policy “with a specialty in perpetual derivatives and blockchain-based financial infrastructure.” Hyperliquid is a layer-1 blockchain and perpetual futures exchange that has recently seen a surge in activity as traders turned to commodities trading amid a broad market downturn, and the platform has looked to expand into prediction markets. The Hyper Foundation, an independent body that backs Hyperliquid, will contribute 1 million Hyperliquid (HYPE) tokens to fund the policy center’s launch. “Critical time” for policy, says Hyperliquid CEO Chervinsky said more traditional finance companies are launching blockchain-based products or services because the technology offers “efficiency, transparency, and resilience that legacy systems cannot match.” “This technology is poised to become the base layer of the global financial system,” he added. “Now the United States must choose: we can either adopt new rules that allow this innovation to thrive here at home, or we can wait and watch as other nations seize the opportunity.” Source: Jake Chervinsky  Hyperliquid co-founder and CEO Jeff Yan said on X that it was a “critical time in policy discussions” in the US and that the platform had “lacked a unified voice in important policy discussions until now.” Related: Coin Center urges Senate not to axe crypto developer protection bill “There is a tangible and urgent possibility of upgrading…

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Filed under: News - @ February 19, 2026 7:27 pm