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Nasdaq-listed company Lion Group invests $600 million to build the world's largest HYPE treasury, promoting institutional cryptocurrency adoption.

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#Fundraising
CoinGape
682Words
Jun 19, 2025

Lion Group, a Nasdaq-listed trading platform based in Singapore, is investing $600 million to build the world's largest Hyperliquid ($HYPE) treasury, alongside Solana (SOL) and Sui (SUI) tokens. The assets will be custodied by BitGo, a reputable digital asset custody provider. This move reflects a growing institutional interest in decentralized finance (DeFi) and alternative cryptocurrencies beyond Bitcoin. Lion Group's CEO, Wilson Wang, believes that decentralized platforms like $HYPE will transform the finance industry. The company plans to purchase $10.6 million in $HYPE tokens soon and aims to list on the Tokyo and Singapore stock exchanges, marking the first $HYPE treasury listing in Asia. Industry experts see this as a sign of increasing institutional adoption of blockchain technologies. BitGo's CEO, Mike Belshe, supports the initiative, highlighting secure asset storage and trading services. However, Lion Group cautions that future performance may vary, and this shift could influence broader corporate adoption of digital assets. Currently, $HYPE trades at $36.97, down 7.91% in the last day.

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