Hyperliquid Strategies expands equity facility to $2.5B

This expansion signals growing institutional appetite for tokenized equity infrastructure, as the facility's scale triples to $2.5B. The $647M already sold suggests demand is real, not just announced. The key question is whether Hyperliquid Strategies can sustain this pace without straining its operational model or liquidity, especially given the rapid escalation. For the RWA sector, this is a test of whether such facilities move beyond niche use cases into mainstream capital markets infrastructure.