Wu Says learned that on July 14, SEC Crypto Working Group staff met with representatives of the Hyperliquid Policy Center, XYZ, and Sullivan & Cromwell to discuss cryptocurrency asset regulation issues and exchange views on the documents submitted by the attendees. Previously, the Hyperliquid Policy Center, Hyperliquid Labs, XYZ, and Sullivan & Cromwell had applied to hold this meeting, to introduce the Hyperliquid protocol’s technology, market, and related ecosystem participants. Hyperliquid Labs is a software development contributor to the Hyperliquid protocol; XYZ is an institution conducting research and product development on Hyperliquid. It is also the core contributor to the XYZ protocol and deploys traditional-asset perpetual markets via HIP-3.