Bond.az - Hyperliquid Strategies (NASDAQ:HYPE) shares rose 12% in premarket trading Tuesday following reports that the Securities and Exchange Commission is preparing to release plans for trading crypto.
The SEC is expected to release its innovation exemption for tokenized stocks as soon as this week, according to Bloomberg News. The framework would create a new structure for betting on the fortunes of publicly traded companies.
Hyperliquid Strategies operates as a digital asset treasury company for HYPE tokens. The firm provides capital-efficient access to the blockchain for individuals and institutional investors.
