RWA Project BackedFi Opens Trading Section on Hyperliquid

RWA project BackedFi has opened an RWA trading section on Hyperliquid and listed eight onchain U.S. stocks and index assets at launch, including the S&P 500 and Nvidia shares. According to Odaily, each asset's first auction was completed at 500 HYPE. Users can now use HYPE on Hyperliquid to buy onchain U.S. stocks and index-style RWA assets.