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Lion Group Creates $600 Million Altcoin Reserve with HYPE as Core Asset

Lion Group Creates $600 Million Altcoin Reserve with HYPE as Core Asset

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by Giorgi Kostiuk

5 hours ago

On June 19, 2025, Lion Group Holding announced securing a $600 million credit facility to create a cryptocurrency reserve centered on Hyperliquid (HYPE) tokens.

Lion Group's Reserve Plans

Lion Group plans to accumulate HYPE tokens as the primary reserve asset. The press release stated that the reserves will include HYPE, along with Solana (SOL) and Sui (SUI) assets.

Details of the Credit Agreement with ATW Partners

The first tranche of $10.6 million is set to be deployed within days. The total $600 million facility will be funded by Chardan as placement agent. Lion Group is also exploring secondary listings on the Tokyo and Singapore exchanges.

The Hyperliquid (HYPE) Token Market

The HYPE token has seen notable volatility ahead of this announcement. According to CoinGecko, HYPE reached a 7-day high of about $45.57 on June 16, 2025, but fell to approximately $36.96, down 7.96% over the past day.

Lion Group expects that the new HYPE-based strategy will resonate with global investors and drive long-term shareholder value.

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