EddieJayonCrypto
18 Jun 25
Lion Group Holding Ltd. (LGHL) and Eyenovia Inc. announced plans to adopt Hyperliquid’s HYPE token as a primary reserve asset for their treasuries. LGHL secured a $600 million facility to launch Asia’s largest HYPE treasury and plans to include Solana and Sui as secondary reserves, with custody mana...
Nemo Lion Group Holding Ltd. (LGHL) has secured a $600 million facility to establish Asia's largest HYPE token treasury. The Singapore-based firm plans to integrate Solana and Sui as secondary reserve assets, with custody and staking managed by BitGo Trust Company. LGHL is also exploring secondary listings on the Tokyo and Singapore stock exchanges to expand its market presence. CEO Wilson Wang emphasized the company's belief in decentralized on-chain execution as the future of trading and highlighted HYPE’s potential to build scalable DeFi systems.
Meanwhile, Eyenovia Inc., an ophthalmic technology firm, announced a $50 million private placement to create a HYPE token reserve. This move makes Eyenovia the first U.S.-listed company to adopt HYPE for treasury diversification. If warrants are fully exercised, the placement could raise approximately $150 million. Eyenovia plans to acquire over one million HYPE tokens and serve as a leading validator on the Hyperliquid network. CEO Michael Rowe expressed optimism about cryptocurrency’s role in diversification, liquidity, and long-term capital appreciation. The company has appointed Hyunsu Jung as Chief Investment Officer to manage this initiative.
Both LGHL and Eyenovia’s strategic adoption of Hyperliquid’s HYPE token reflects a growing trend among public companies incorporating major Layer-1 cryptocurrencies into their treasury reserves. This trend aims to diversify assets and generate yield through digital holdings. Eyenovia expects to close its private placement by June 20, while LGHL is relaunching its crypto operations following a prior restructuring.