LGHL Completes First $2 Million HYPE Token Purchase

Odaily News Lion Group Holdings Limited (LGHL) announced that it has completed its first strategic purchase of Hyperliquid (HYPE) tokens for $2 million at an average price of approximately $37.30 per token. This acquisition is the first token purchase under the company's $600 million convertible bond financing. LGHL plans to continue to purchase tokens such as HYPE, Solana (SOL) and Sui (SUI) in the future to further expand its next-generation Layer-1 asset reserves. (PR Newswire)