Lion Group Holding Secures $600 Million to Build World’s Largest HYPE Treasury

Singapore-based Lion Group Holding (LGHL), a financial services and trading platform, has obtained a $600 million financial facility to support the launch of its treasury strategy, which will be centered around Hyperliquid’s HYPE token. The investment fuels Lion Group Holding’s vision to build what it claims will be the largest HYPE treasury in the world. Notably, this decision triggered a double-digit rise in the firm’s stock prices. Financial Institution Commits $600 Million to HYPE Token Treasury According to the press release, the firm plans to use the funding received from ATW Partners to adopt HYPE as its primary reserve asset source: https://beincrypto.com/lion-group-holding-hype-token-treasury/