Lion Group Holding Ltd. (LGHL) and Eyenovia Inc. have unveiled individual large financing movements this week to launch strategies for cryptocurrency treasury aimed at the hype -tokes of hyperliquid.
LGHL announced that it has protected a $ 600 million facility to launch the first and largest hype treasure box in Asia. The trade and financial service provider established in Singapore also revealed the intentions to include Solana (SOL) and SUI (SUI) in the reserve as secondary reserve activa.
Vustitie and deportation are managed by Bitgo Trust Company.
As part of its expansion, LGHL plans to evaluate secondary entries on the Tokyo Stock Exchange and Singapore Exchange to increase its reach. CEO Wilson Wang said that the move reflects the conviction of the company that decentralized execution of the chain is the future of trade.
Wang said in a statement:
“We see protocols such as hype, with delegated sequencing, as fundamental for building scalable Defi systems.”
In the meantime, Eyenovia announced a private placement of $ 50 million to build a reserve of hype, which positioned itself as the first American listed company that adds the crypto to his treasury.
The ophthalmic technology company expects the transaction to deliver around $ 150 million if warrants will be fully exercised. The financing agreement enables Eyenovia to acquire more than 1 million hype and to participate as a top validator for the Hyperliquid network.
Michael Rowe, CEO of Eyenovia, said:
“We are pleased to become a member of the growing number of companies that have adopted similar strategies for diversification, liquidity and opportunities of long -term capital rating that represents cryptocurrency.”
The company appointed Hyunsu Jung as Chief Investment Officer to supervise the Treasury Initiative.
Both announcements come in the midst of a broader acceptance of large low-1 cryptos such as treasury reserves by public companies that are looking for diversification of digital assets and yield generation.
Eyenovia expects his private placement to close around 20 June, pending usual approvals. LGHL has not specified a timeline, but said that his initiative is re -launching his crypto operations after earlier restructuring.
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