ProprXYZ begins issuing on‑chain prop credentials on Hyperliquid, backed by SwissBorg

- ProprXYZ, an on‑chain prop firm built on Hyperliquid and backed by SwissBorg, has begun issuing its first funded accounts while users farm governance points ahead of token generation. - Users are already staking SwissBorg's $XBG to farm pre‑TGE $PROPR points, leaderboards show active competition (week‑1 #1 ranks surfaced), and the team says a TGE is planned for August. - Early liquidity and leaderboard farming suggest rapid onboarding but also on‑chain visibility of trades; reporting on social channels tracked the launch and staking flow. (x.com) (x.com) (x.com)