EQX Launches 11 Tokenized Stocks and ETFs on Hyperliquid
EQX plans to list 11 tokenized US stocks and ETFs on Hyperliquid's HyperCore market, each backed by actual shares and tradable against USDC 24/7. The offering excludes US persons under current eligibility rules and charges no issuer fees.
Written by CoinArticle’s AI Newsroom · from 2 cited sources. How we work
EQX's Token Offerings
EQX plans to launch 11 tokenized US stocks and ETFs on Hyperliquid's HyperCore market, with each token backed by underlying shares held in custody. The tokens will trade against USDC and operate continuously, unlike traditional stock markets bound by US trading hours. The issuer will charge no fees to token holders, according to Crypto Briefing's reporting.
Trading Structure and Eligibility
The tokens will settle on-chain and include dividend reinvestment features, though specific mechanics were not detailed in either source. US persons are excluded from accessing the offering under EQX's current eligibility rules, The Defiant reported. This geographic restriction aligns with regulatory posture taken by other tokenized-asset platforms operating in gray-area markets.
Market Positioning
The launch expands Hyperliquid's existing tokenized-stock product line. Hyperliquid has positioned itself as a venue for non-US traders to access US equities via blockchain infrastructure, and the EQX partnership deepens that narrative. Neither source provided a timeline for when the tokens would go live.
Why It Matters
For Traders
Non-US traders now have access to 24/7 trading of US equities and ETFs with share backing, removing traditional market-hours friction.
For Investors
The launch signals growing institutional comfort with tokenized equities on decentralized venues, though regulatory clarity remains unsettled.
For Builders
EQX's use of HyperCore demonstrates how orderbook chains can support asset-backed tokens beyond crypto-native collateral.
This article is for information only and is not financial advice. Read the full disclaimer.
