Lion Group Holding (LGHL), listed on Nasdaq, has established a $600 million cryptocurrency treasury reserve, primarily featuring the Hyperliquid (HYPE) token. This move indicates rising institutional interest in altcoins beyond Bitcoin. The Singapore-based trading platform will use secured funding from ATW Partners to support its Hyperliquid initiatives. CEO Wilson Wang stated that HYPE represents a critical shift towards decentralized markets within the firm's derivatives business. The reserve will also include tokens from Solana and Sui, chosen for their strong market positions. Following the announcement, LGHL’s stock surged nearly 20%. The same day, Eyenovia, another Nasdaq-listed company, announced a Hyperliquid reserve, further signaling interest in decentralized finance (DeFi). This trend aligns with several corporations increasingly adopting crypto treasuries to better leverage digital assets.

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