LGHL Secures $600 Million Facility to Launch Hyperliquid (HYPE) Treasury
Rhea-AI Summary
Positive
- Secured substantial $600 million facility to build crypto treasury
- Partnership with BitGo, the largest Solana custodian, for institutional-grade custody and staking services
- Potential secondary listings on Tokyo Stock Exchange and Singapore Exchange to expand global reach
- Strategic focus on next-generation layer-1 protocols with strong market potential
Negative
- Initial closing amount of $10.6M represents only 1.77% of the total facility
- Significant exposure to volatile crypto assets could pose risks
- Substantial pivot in business strategy may create execution uncertainty
News Market Reaction
On the day this news was published, LGHL gained 19.78%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
-Vision to Build the Largest HYPE Treasury Globally-
- Marks the Relaunch of LGHL's Crypto Operations and Shift Toward On-Chain Finance-
- Strategic accumulation of HYPE to serve as the Company's primary reserve asset
- Launch of next-generation layer-1s treasury reserve, anchored by Hyperliquid (HYPE), Solana (SOL) and Sui (SUI)
- SOL and SUI assets will be custodied and staked with validators managed by BitGo Trust Company, Inc. ("BitGo")
- Evaluate secondary listings on the Tokyo Stock Exchange (TSE) and Singapore Exchange (SGX) to broaden global reach and create the first HYPE treasury listed in
Asia
"Hyperliquid represents a natural extension of LGHL's existing derivatives business into decentralized markets, and reflects our conviction that decentralized on-chain execution is the future of trading," said Mr. Wilson Wang, CEO of LGHL. "We view protocols like HYPE, with decentralized sequencing, as foundational to building scalable DeFi systems. We may also allocate to Solana (SOL), a leader in consumer-facing applications, and Sui (SUI), a performant, composable layer-1 with recent backing from Eric Trump's World Liberty Financial – both forming key pillars to our treasury strategy focused on execution-first protocols."
As adoption of on-chain applications accelerates, LGHL believes combining public market access with a next-generation layer-1s treasury will resonate with global investors and drive long-term shareholder value. This initiative marks the Company's relaunch of crypto operations and advances its strategic shift toward digital assets.
"We are proud to support LGHL's strategic expansion into Solana and Sui with our institutional-grade custody and trading solutions," said Mike Belshe, CEO of BitGo. "This
To safeguard and maximize the potential of their digital asset holdings, LGHL has partnered with BitGo, the leading infrastructure provider of digital asset solutions. BitGo is the largest custodian of Solana and the leading staking provider across all digital assets, providing unparalleled expertise and access to increased rewards through its full-service platform. BitGo will safeguard the Company's assets, leveraging its industry-leading technology, operational controls, and regulatory compliance.
The first closing of
Chardan acted as the sole placement agent in connection with the facility.
The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company's current report on Form 6-K dated June 18, 2025.
About Lion Group Holding Ltd.
Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one, state-of-the-art trading platform that offers a wide spectrum of products and services, including (i) total return swap (TRS) trading, (ii) contract-for-difference (CFD) trading, (iii) Over-the-counter (OTC) stock options trading, and (iv) futures and securities brokerage. Additional information may be found at http://ir.liongrouphl.com.
Forward-Looking Statements
This press release contains, "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the
Contacts
Lion Group Holding Ltd.
Tel: +65 8877 3871
Email: ir@liongrouphl.com
View original content:https://www.prnewswire.com/news-releases/lghl-secures-600-million-facility-to-launch-hyperliquid-hype-treasury-302485190.html
SOURCE Lion Group Holding Ltd.