Singapore-based Lion Group Holding Ltd. (NASDAQ: LGHL) is making a daring guess in crypto markets, saying it can dump all of its Sui (SUI) and Solana (SOL) holdings in favor of Hyperliquid (HYPE). The agency plans to dump roughly 1 million SUI and 6,600 SOL, changing them regularly into HYPE to cut back acquisition prices and handle volatility.
This follows LGHL’s earlier announcement that it intends to carry $600 million in reserves with HYPE as its main treasury asset, making this conversion a key step in aligning its steadiness sheet with that technique.
In accordance with LGHL, the transfer displays its technique to optimize reserves by leveraging Hyperliquid’s high-performance Layer 1 blockchain and its decentralized perpetual futures change (perps). Hyperliquid has quickly turn into the chief in DeFi perpetuals, capturing 70% market share.
In August 2025, Hyperliquid generated $106 million in revenue, up 23% from July’s $86.6 million, with $383 billion in month-to-month buying and selling quantity. It now ranks sixth among decentralized exchanges (DEXs), with $420 million in every day flows and a $1.75 billion complete worth locked (TVL).
The reallocation comes shortly after BitGo Belief Firm launched institutional custody options for HYPE within the U.S., giving company traders like LGHL regulated, compliant, and safe storage choices.
CEO Wilson Wang stated the corporate will pursue a phased accumulation technique, changing SUI and SOL holdings into HYPE regularly to decrease common acquisition prices and capitalize on market volatility.
Wang highlighted Hyperliquid’s on-chain order e book and environment friendly buying and selling infrastructure as a “compelling alternative” within the DeFi sector.
The reallocation away from SUI and SOL exhibits a shift in priorities for LGHL. Whereas each SUI and SOL stay sturdy ecosystems in their very own proper, neither instructions the extent of income progress and buying and selling exercise that Hyperliquid now delivers.
The transfer follows a development of Nasdaq-listed corporations including HYPE to their treasuries. Eyenovia was the primary publicly traded U.S. firm to commit vital reserves to the token, elevating $50 million to amass a couple of million HYPE.
Tony G Co-Investment Holdings disclosed a smaller however notable buy of 10,387 HYPE value simply over $438,000. Additionally, Sonnet BioTherapeutics introduced a digital asset treasury plan anchored in HYPE, with 12.6 million tokens valued at $583 million, alongside an extra $305 million earmarked for future acquisitions, pushing the full to just about $888 million.
