Nasdaq-listed Lion Group Holding receives $600 million in funding to launch HYPE Treasury strategy

Odaily News Nasdaq-listed company Lion Group Holding has received $600 million in funding and plans to use HYPE as its main reserve asset and launch the next-generation Layer 1 treasury with SOL and SUI. Previously, Eyenovia announced that it had reached a $50 million PIPE agreement with institutional investors, and the funds will be used to configure Hyperliquid's native token HYPE and establish related crypto asset reserves. (Cointelegraph)