xStocks Lists 5 Stock Tokens on Hyperliquid
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xStocks has listed five tokenized stocks and exchange-traded funds (ETFs) on Hyperliquid's HyperCore. The listed products include those related to NVIDIA, SK Hynix, and Micron. On the 11th, xStocks announced through its official channel that it has deployed NVIDIA xStocks (NVDAx), S&P 500 ETF xStocks (SPYx), Nasdaq 100 ETF xStocks (QQQx), SK Hynix xStocks (SKHYx), and Micron xStocks (MUx) on HyperCore. Additional supported assets are planned for the future. HyperCore is the native trading engine that handles on-chain order books and trading functions for Hyperliquid. With this listing, users can trade xStocks products linked to the prices of individual stocks and ETFs within the Hyperliquid ecosystem. Tokenized stocks are products that implement the economic exposure of stocks or ETFs as blockchain tokens, and the 1:1 collateral and separate custody do not imply shareholder status for token holders. It is important to distinguish the issuance and custody structure of each product, the sales regions, and the legal rights concerning the underlying assets. xStocks plans to gradually increase the types of tokenized assets supported on HyperCore.
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