Hyperliquid Strategies shares jump 8% after SEC approves tokenized stock trading
- —PURR rose 8% to $13.82 in premarket trading after the SEC decision
- —The exemption lasts 5 years and requires the same shareholder rights, including dividends and votes
- —Smart contracts must be public and on permissionless blockchains
- —Analyst consensus is Buy, with an average target of $19.80
Why it matters: The SEC decision opens a path for tokenized stocks in the US and boosts demand for onchain infrastructure such as Hyperliquid.
Source: CoinCentral