EQX Labs unveiled tokenized US stocks issued natively on Hyperliquid. The first 11 stocks and ETFs, such as SPY and NVDA, will soon trade 24/7 on its order book.
Each token is backed 1:1 by real shares held at Alpaca, StoneX or Clear Street. EQX charges nothing to create, redeem or hold tokens and takes no cut of dividends; it earns from its share of Hyperliquid trading fees. Dividends are reinvested for now, and holders can send voting instructions by signing with their wallet.
The issuer is a BVI company with a separate portfolio for each ticker, owned by an independent Cayman trust rather than by EQX Labs.
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