Lion Group Holding Ltd has announced the acquisition of $600 million from ATW Partners to create HYPE Treasury, aiming to use Hyperliquid as its primary reserve asset.
Key Details of HYPE Treasury
Lion Group Holding Ltd (Nasdaq: LGHL) has secured $600 million from ATW Partners to launch its HYPE Treasury, which aims to make Hyperliquid (HYPE) its primary reserve asset. This indicates a strategic pivot into on-chain finance, extending beyond its existing derivatives business.
Reserve Asset Strategy
The company plans to further strengthen its reserve by including leading layer-1 tokens such as **Solana (SOL)** and **Sui (SUI)**. These assets will be custodied and staked via BitGo Trust, recognized as a leading custodian for Solana assets. Such a diversified Layer-1 reserve strategy will allow Lion Group to capitalize on the growth of execution-first blockchain ecosystems.
Capital Market Ambitions
Additionally, Lion Group is looking into secondary listings on the Tokyo Stock Exchange and the Singapore Exchange. This would mark the first instance of a publicly listed company with a dedicated HYPE treasury entering these markets, potentially broadening investor access and cementing the firm's international footprint.
Lion Group continues to push its intentions in the on-chain finance sector, attracting significant investments for the formation of the HYPE Treasury and executing ambitious plans to enter capital markets.