EQX plans to bring 24/7 trading to tokenized US stocks, but not direct ownership
Image: The Cryptonomist
EQX Labs plans to bring tokenized US stocks and ETFs to Hyperliquid with 24/7 trading , but the share-backed instruments will not confer direct stock ownership. The plan, announced on October 14, 2026, covers 11 markets on the platform’s native spot order book and excludes US persons. Key takeaways EQX’s planned lineup includes SPY, QQQ, Apple, Nvidia and Tesla. The tokens are offshore-issued debt instruments backed by shares. Ordinary holders generally sell tokens rather than redeem them for stock. According to The Defiant , the markets will pair the tokens with USDC on HyperCore .
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