Institutional Inflow: Big Money Pours into HYPE

Two important developments indicate the growing institutional preference for Hyperliquid (HYPE) as a primary treasury reserve asset. 1. Lion Group Holding Ltd. (LGHL), a Nasdaq-listed corporation, has secured 80% of its assets in the creation of the world's largest HYPE Treasury through escrow with ATW Partners for 500,000 shares. LGHL's latest initiative highlights its commitment to pursuing on-chain finance and decentralized finance (DeFi) strategies, with the objective of acquiring HYPE as core reserve assets, including Solana (SOL) and Sui (SUI), for management and stake placement through BitGo. The Tokyo Stock Exchange and Singapore Exchange are both potential locations for LGHL's secondary listing, which could make it the first publicly listed HYPE treasury in Asia.

The Nasdaq-listed digital ophthalmic technology firm Eyenovia has invested $50 million to create its treasury reserve, known as Hyperliquid (HYPE). This is similar. How did this happen? It plans to obtain more than 1 million HYPE tokens to become a top global validator for Hyperliquid and the first Nasdaq-listed company to adopt this approach. Eyenovia and Anchorage Digital have teamed up to establish a HYPE staking program and safeguard their assets. Additionally, the company will be renamed Hyperion DeFi and remain focused on its core business, while also changing its ticker to HYPD. By June 20, 2025, this offering is expected to be discontinued.

The announcements made by LGHL and Eyenovia highlight a growing trend among public companies to incorporate cryptocurrency, particularly HYPE, into their treasury management plans, similar to the approach taken by firms like MicroStrategy with Bitcoin. Despite the positive developments, the price of HYPE fell by approximately 6% in the past 24 hours, suggesting that broader market sentiment is more important than specific company updates. However, These savvy investments indicate an increase in trust for Hyperliquid's decentralized finance environment and its suitability as an institutional treasury manager.