Native Markets has announced the pledge and lockup of 200,000 HYPE tokens for a three-year period. This move follows their success in the Hyperliquid stablecoin USDH issuance bidding process. The company aims to establish USDH as the first permissionless spot asset on Hyperliquid. Additionally, Native Markets is actively seeking partnerships to enhance USDH minting, exchange, and integration with other platforms.