EQX Labs Launches Eleven Tokenized Asset Markets
The firm is introducing tokenized stocks and ETFs on the Hyperliquid platform to allow for 24/7 trading of financial assets.
Updated on Oct. 15, 2026 in Investing
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Would you feel comfortable using tokenized assets to trade traditional stocks and ETFs?
EQX Labs has announced the launch of eleven tokenized stock and ETF markets on the Hyperliquid platform. These financial products, issued as HIP-1 tokens by the British Virgin Islands-based EQX SPC Ltd, allow for continuous trading.
Why it matters
This development bridges traditional equity markets with decentralized infrastructure by enabling users to trade stock-backed assets around the clock. By using a 1-to-1 backing structure with established custodians, the system aims to provide a reliable way to access equities on the blockchain.
The platform offers 11 tokenized asset products that maintain a 1-to-1 ratio of backing shares to tokens. Trading remains open 24 hours a day, seven days a week, with clearing facilitated by custodians Alpaca, StoneX, and Clear Street.
The players
EQX Labs
This firm is a developer focused on integrating traditional financial assets with decentralized ledger technologies.
Hyperliquid
This is a decentralized exchange platform that facilitates the trading of tokenized assets on its HyperCore network.
EQX SPC Ltd
Based in the British Virgin Islands, this company serves as the segregated portfolio issuer for the tokenized notes.
Alpaca
This is a global financial services firm that acts as one of the primary custodians for the underlying backing shares.
The details
Each token represents a stock-backed, limited-recourse note, and authorized participants can swap shares for tokens without paying issuer fees. Token holders manage their assets and exercise voting instructions through onchain signatures.
Timeline
Trades for shares awaiting settlement are expected to occur on the next U.S. business day.
Market Dynamics
This move represents a shift toward the tokenization of traditional assets, mirroring broader trends where decentralized exchanges attempt to capture market share from legacy brokerages. It positions Hyperliquid as a competitor in the growing space of 24/7 global financial product accessibility.
Retail investors gain the ability to trade equity-linked assets outside of traditional market hours without paying specific issuer fees for creations or redemptions. Participants should note that trades on the platform remain subject to Hyperliquid's standard spot trading fee structure.
The takeaway
The tokenization of stocks allows investors to bypass traditional exchange hours for greater liquidity and accessibility. Users should verify their account permissions on the platform before participating in these newly launched, stock-backed markets.
Further reading
For more on the development of digital assets, visit the Investing section.
Live Poll
Would you feel comfortable using tokenized assets to trade traditional stocks and ETFs?
