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Lion Group Secures $600M to Launch DeFi Treasury Anchored by Hyperliquid

  • Lion Group has secured $600 million to launch a DeFi Treasury Initiative anchored by Hyperliquid.
  • The initiative will focus on building a digital asset reserve with HYPE as the primary reserve asset, along with Solana and Sui.
  • BitGo Trust Company Inc. will hold and stake these assets for security and yield infrastructure.
  • CEO Wilson Wang sees Hyperliquid as an expansion of LGHL's derivatives business into decentralized markets.
  • Solana and Sui will also be added to LGHL's reserve treasury, bringing user-centric applications and high-performance design.
  • BitGo will be responsible for the custody and staking of the reserve assets, reflecting institutional interest in blockchain ecosystems.
  • The funding signals growing institutional interest in next-gen blockchain ecosystems.
  • The pivot towards decentralized markets shows Lion Group's commitment to DeFi, aiming to establish a strong onchain treasury foundation with HYPE, Solana, and Sui.

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