Crypto:
36638
Bitcoin:
$91.395
% 1.87
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.395
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Nasdaq Company Sells Sol and Sui, Moves to All-Time High Altcoin

LINK ETF

Singapore-based Nasdaq-listed Lion Group Holding has decided to swap its Solana (SOL) and Sui (SUI) holdings for Hyperliquid (HYPE) tokens. The company plans to convert a total of 6,629 SOL and 1,015,680 SUI into HYPE gradually, aiming to reduce average costs by taking advantage of market fluctuations. 

Lion Group CEO Wilson Wang emphasized that HYPE accumulation will follow a disciplined strategy. He stated that this move will enhance portfolio efficiency and prepare the company for sustainable growth. Additionally, institutional HYPE custody solutions provided by BitGo in the U.S. support the company’s decision. Following the announcement, HYPE surged to an all-time high of $51.84, indicating potential for further accumulation alongside Lion Group’s existing 128,929 HYPE tokens. 

$600 Million Crypto Treasury & Institutional Strategy

To strengthen its crypto portfolio, Lion Group secured $600 million in funding from ATW Partners. This capital enables the creation of a crypto treasury focused on HYPE and other altcoins. The company’s SOL and SUI holdings are valued at approximately $1.4 million and $3.5 million, respectively, enough to acquire over 96,000 HYPE tokens. 

Wang described Hyperliquid’s on-chain order book and efficient trading infrastructure as one of the most attractive opportunities in decentralized finance. Lion Group’s shares rose 11% following the news, with after-hours trading adding another 10%, highlighting investor interest in the company’s portfolio optimization strategy. Other firms, including Hyperliquid Strategies and Hyperion DeFi, are also increasing HYPE accumulation, signaling growing institutional interest in the token. 

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