Hyperliquid launches tokenized NVDAx, QQQx, SPYx for 24/7 trading

Hyperliquid has introduced tokenized stocks NVDAx, QQQx, and SPYx as native spot markets, enabling 24/7 access against USDC on its decentralized platform. This development marks a significant expansion of tokenized U.S. equities and ETFs, moving from preliminary stages to active availability. These assets track Nvidia, the Nasdaq-100 ETF, and the S&P 500 ETF, potentially attracting more users to the platform and increasing volume. Market pricing suggests that the introduction of these tokenized stocks might support the perception that Hyperliquid could reach the $100 price target by the end of 2026. Currently, the probability of achieving this milestone is priced at 62.5% YES, up from 58% just 24 hours ago. This indicates a moderate increase in confidence among market participants, possibly driven by the anticipation of higher platform engagement and liquidity following the launch of these tokenized assets. The market’s reaction to this launch could have broader implications for Hyperliquid’s valuation and future developments. As a decentralized exchange, Hyperliquid’s ability to offer tokenized equities and ETFs could set a precedent for other platforms exploring similar offer...