21Shares HYPE ETF Launches as Ondo Finance Moves to Bridge Tokenized Stocks on Hyperliquid

21Shares launched a HYPE-focused ETF, expanding institutional access to a crypto-native asset.

Ondo Finance said it will bring tokenized stocks into the Hyperliquid ecosystem using LayerZero.

Together, the moves highlight the growing convergence of traditional finance and decentralized markets.

They also point to rising demand for tokenized assets and cross-chain financial infrastructure.