Lion Group, a Singapore-based trading platform operator, plans to exchange all its holdings of SOL and SUI for HYPE tokens to optimize its crypto portfolio. The company is focusing on the launch of custody services for the Hyperliquid ecosystem in the U.S. provided by digital asset custodian BitGo. CEO Wilson Wang described Hyperliquid as an appealing opportunity in decentralized finance due to its efficient trading infrastructure. Previously, Lion Group had announced its Hyperliquid treasury initiative while indicating it would continue acquiring SOL and SUI. The shift to HYPE tokens aims to enhance portfolio efficiency and ensure sustained growth in the crypto sector. As of now, HYPE has risen by 9% in the last 24 hours, while Lion Group's shares have seen a decline of 7.4%.

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