Lion Group Announces $600 Million Treasury Strategy, Incorporating Hyperliquid as Core Reserve Asset
Nasdaq-listed Lion Group Holding has announced securing $600 million in funding from ATW Partners and plans to invest this capital into a treasury strategy centered around $HYPE, officially entering the deployment of emerging Layer-1 blockchain assets.
Citing Bitget data, as of the end of 2024, $HYPE's price was $24.71, with a circulating market cap of approximately $8.27 billion, and a total supply nearing 1 billion tokens, approaching the scale of mainstream Layer-1 projects like $SOL and $SUI. This Lion Group treasury strategy will primarily use $HYPE, with $SOL and $SUI as supplementary assets, showcasing a trend of increasingly diversified treasury management.
Lion Group chose veteran institution BitGo as its custody and staking partner. BitGo has served over 1,500 institutional clients since 2013 and expanded to provide full custodial support for the Sui ecosystem in 2025, offering a degree of security and compliance assurance for this strategy.
The timing of this treasury plan's announcement is particularly coincidental, as another Nasdaq-listed company, Eyenovia, has just announced a $50 million Hyperliquid treasury strategy.
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