Renzo Basis adds NVDA, GOOGL, SNDK and QQQ stock tokens

Renzo Basis has launched its first tokenized equities — NVDA, GOOGL, SNDK and QQQ stock tokens — powered by Lighter and Robinhood. Users automatically earn $USDG yields on these names entirely from their own account, with no pooling or custody by Renzo. Renzo amplified the rollout by reposting Route 2 FI's note that the four names yield 10%+ APR from a single click.

The launch delivers on the earlier tease that promised equity perps from Lighter, the perp DEX built on Hyperliquid, after its progress bar hit 88%. RWA basis yields remain flagged as an upcoming extension, while Renzo Basis continues to offer its crypto basis markets across Hyperliquid and Robinhood.