LGHL Commits $600 Million to Hyperliquid (HYPE) Treasury Strategy
on June 18, 2025, Lion Group Holding Ltd (LGHL), a Nasdaq-listed firm, announced a $600 million initiative to launch a Hyperliquid (HYPE) treasury strategy. This move follows a similar plan by Eyenovia, which aims to invest $50 million in HYPE. Despite these developments, the HYPE price hasn’t seen a notable boost due to current market conditions.
LGHL’s goal is to create the largest Hyperliquid treasury globally. The company, which offers financial products like total return swaps and contract-for-difference, sees this as a step into the decentralized finance (DeFi) space. CEO Wilson Wang stated, “Hyperliquid is a natural fit for LGHL’s derivatives business, and decentralized on-chain trading is the future.”
The initiative could lead to secondary listings on the Tokyo Stock Exchange and Singapore Exchange, making LGHL the frist HYPE treasury firm publicly listed in Asia.
LGHL isn’t stopping at HYPE. thay also plan to build reserves with Solana (SOL) and Sui (SUI) tokens. BitGo will help in custodial and staking services for these tokens.
- LGHL commits $600 million to HYPE.
- Plans for secondary listings in Asia.
- Also targets Solana and Sui.
These moves reflect the growing institutional interest in Hyperliquid and other DeFi tokens, echoing the trend set by Bitcoin treasury firms.