Hyperliquid Fever: Nasdaq's Lion Group Dives in with $600M HYPE Treasury!

Hold onto your hats, folks! Hyperliquid is setting the crypto world on fire, and Lion Group Holding Ltd (LGHL) just threw a whopping $600 million into the mix to launch a HYPE-focused treasury strategy. This Nasdaq-listed beast is not messing around!

On June 18, 2025, LGHL, known for its slick trading platform juggling everything from total return swaps to over-the-counter stock options, made the big move. They're not just dipping their toes; they're diving headfirst into the HYPE pool!

And guess what? Just a day before, Eyenovia, an American eye-tech whiz, dropped $50 million into a Hyperliquid treasury. Yet, the HYPE price hasn't budged much, thanks to the wild market vibes out there.

But let's not miss the big picture—Eyenovia and LGHL are shouting from the rooftops about their love for Hyperliquid's native token. This token is the heart of a decentralized finance beast, and it's got everyone talking!

LGHL eyes Hyperliquid (HYPE) treasury with initial $600m

Lion Group's got one goal in mind: to build the biggest Hyperliquid treasury the world has ever seen. And Eyenovia? They're right there, dreaming big and ready to race for the title of "Strategy of HYPE."

Remember Michael Saylor's MicroStrategy? They're the Bitcoin hoarders of the public company world. But now, we've got firms gobbling up Ethereum, XRP, Solana, and yep, Hyperliquid is the latest hot token on the block. LGHL is revamping its crypto ops to dive into DeFi, and they're not shy about it.

"Hyperliquid is our ticket to the decentralized future of trading," declares LGHL's CEO, Wilson Wang. "We're betting big on HYPE's decentralized sequencing—it's the backbone of scalable DeFi."

And hold up—LGHL is also eyeing secondary listings on the Tokyo and Singapore Exchanges. If they pull this off, they'll be the first HYPE treasury firm to go public in Asia. Talk about making waves!

LGHL also eyes Solana, Sui treasury initiatives

But wait, there's more! LGHL's CEO, Wilson Wang, isn't stopping at HYPE. They're cooking up a storm with plans to stack up on other layer-1 tokens like Solana (SOL) and Sui (SUI).

They're teaming up with BitGo to lock down and stake their SOL and SUI. "We're eyeing Solana for its killer apps and Sui for its slick performance," Wang spills. "Both are key to our execution-focused treasury strategy."

SOL's sitting pretty as the sixth largest crypto with a $76 billion market cap. Meanwhile, HYPE and SUI are hot on its heels at 11th and 12th spots, clocking in at $12.9 billion and $9.4 billion. The race is on, and LGHL's in the driver's seat!