EQX Labs has announced the launch of 11 tokenized US stocks and ETFs on Hyperliquid, including Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta, Tesla, Micron, and SpaceX, alongside products tracking the S&P 500 and Nasdaq 100. The tokens will trade as HIP-1 assets against USDC with 24/7 availability. The assets will be backed on a one-to-one basis by shares held through custodians connected to the Depository Trust Company, including Alpaca, StoneX, and Clear Street. Holders will own limited recourse debt instruments rather than direct ownership of the underlying securities, with automatic dividend reinvestment. EQX will charge no fees for issuing, redeeming, or holding tokens, with traders only paying Hyperliquid’s standard spot trading fees.
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