Hyperliquid to list 11 tokenized US stocks and ETFs spot, with trading officially opening tomorrow.

October 25: Hyperliquid is about to list tokenized US stocks and ETF spot products issued by EQX Labs. The first batch consists of 11 HIP-1 spot markets, all denominated in USDC, with underlying assets including EQSPY and EQQQQ, which track the S&P 500 and Nasdaq 100, as well as EQNVDA, EQTSLA, EQAAPL, EQMSFT, EQAMZN, EQGOOG, EQMETA, EQMU, and EQSPCX, corresponding to Nvidia, Tesla, Apple, Microsoft, Amazon, Alphabet, Meta, Micron, and SpaceX.

Trading is scheduled to officially begin at 21:30 Beijing time on October 26, which is 9:30 AM Eastern Time the same day. The relevant tokens have currently been registered and launched on the Hyperliquid mainnet, but official opening and order matching have not yet begun.

On the issuance side, EQX states that the tokens are backed 1:1 by real shares and are legally limited-recourse debt instruments issued by a British Virgin Islands segregated portfolio company, rather than direct holdings of stock, and are not open to US persons.