Presto has executed its first structured product referencing KR200, the Korean equity index perpetual traded on @HyperliquidX.
The transaction was executed privately with an institutional counterparty. Terms are not being disclosed.
KR200 tracks 200 leading Korean equities, anchored by Samsung Electronics and SK Hynix. It trades around the clock on an on-chain order book, cash-settled in USDC. Benchmark Korean equity exposure, priced continuously, seven days a week.
Presto has executed its first structured product referencing KR200, the Korean equity index perpetual traded on @HyperliquidX.
The transaction was executed privately with an institutional counterparty. Terms are not being disclosed.
KR200 tracks 200 leading Korean equities, anchored by Samsung Electronics and SK Hynix. It trades around the clock on an on-chain order book, cash-settled in USDC. Benchmark Korean equity exposure, priced continuously, seven days a week.
First Korean blue chips. Now the S&P 500.
Presto is trading the S&P 500 index launching on @tradexyz - the #1 on-chain venue for TradFi perps on @HyperliquidX, commanding top share of HIP-3 volume.
This is Prestoโs thesis in action: traditional financial assets deserve native on-chain markets with real depth.
Weโve spent a decade building trading infrastructure across TradFi and crypto. Now weโre deploying that edge to bring real-world assets on-chain.
RWA markets donโt build themselves. They need Day 1 depth - and thatโs what we deliver.
We're deep in the RWA sector โ Korean equity perps are just a slice of the markets we provide liquidity for. If you're a builder in this space, let's chat!
Korean Equities are coming to @HyperliquidX
Weโll be supporting @tradexyz (HIP-3 #1) to anchor Day 1 liquidity for the launch of Samsung Electronics, SK Hynix, and Hyundai Motor.
Our strength lies in combining a proven competency in high-frequency TradFi with a deep-seated native presence in Crypto to bridge these two worlds seamlessly.
We arenโt just market makers; we are the liquidity bridge for the global economyโs most critical assets.
Letโs bring the open on-chain.
Presto closed an eventful week at @token2049 by co-hosting a VIP gathering with @BitGo, @FigmentCapital, @BitDigital_BTBT, and @RD_Technologies. Against the backdrop of Singaporeโs skyline, the evening marked the conclusion of days filled with discussions on digital asset innovation and market transformation.
We leave Singapore with stronger connections and a renewed focus on advancing the future of trading and digital finance.
BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under '33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins.