Hyperliquid founder Jeff Yan said outside developers would determine which tokenized assets appear on the network, placing decisions about future offerings with the operators building on its system.
Yan said high-quality real-world assets would appeal to him if he were starting a product from scratch. He named shares of large companies as one possible category for the future, but gave no launch date or commitment for tokenized shares.
In the U.S. approach Yan described, HIP-3 operators could verify users and monitor markets, while Hyperliquid itself would not directly operate a service for U.S. customers.
That division of responsibility follows Yan's view that market operators should carry U.S. regulatory obligations, a position EconoTimes has reported previously.



