The post Asian Firm Launches $600 Million HYPE Token Treasury appeared on BitcoinEthereumNews.com.

Singapore-based Lion Group Holding (LGHL), a financial services and trading platform, has obtained a $600 million financial facility to support the launch of its treasury strategy, which will be centered around Hyperliquid’s HYPE token. The investment fuels Lion Group Holding’s vision to build what it claims will be the largest HYPE treasury in the world. Notably, this decision triggered a double-digit rise in the firm’s stock prices. Financial Institution Commits $600 Million to HYPE Token Treasury  According to the press release, the firm plans to use the funding received from ATW Partners to adopt HYPE as its primary reserve asset.   “Hyperliquid represents a natural extension of LGHL’s existing derivatives business into decentralized markets, and reflects our conviction that decentralized on-chain execution is the future of trading. We view protocols like HYPE, with decentralized sequencing, as foundational to building scalable DeFi systems,” Wilson Wang, CEO of Lion Group Holding, said. Lion Group Holding also plans to introduce a next-generation layer-1 treasury reserve, supported by Solana (SOL) and Sui (SUI), in addition to HYPE. SOL and SUI will be securely held and staked with validators managed by BitGo, a digital asset trust company.  Wang referred to both assets as “key pillars” in the company’s treasury strategy, which is centered on execution-first protocols. “We may also allocate to Solana (SOL), a leader in consumer-facing applications, and Sui (SUI), a performant, composable layer-1 with recent backing from Eric Trump’s World Liberty Financial,” he added. The company anticipates closing the first part of funding, which is $10.6 million, within 48 hours of the announcement. It is worth noting that the HYPE treasury launch coincided with the firm restarting its crypto operations.  Apart from its treasury strategy, the firm plans to integrate crypto exposure into its existing products. It also aims to expand access to emerging…

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Filed under: News - @ June 19, 2025 9:29 am