LGHL Raises $600M Crypto Treasury with HYPE, SOL and SUI
Lion Group Holdings Ltd (LGHL) has secured a $600 million credit line from ATW Partners to build a dedicated crypto treasury centered on Hyperliquid’s HYPE token. The first $10.6 million delivery is expected within 48 hours, with Chardan Capital Markets as the sole placement agent. In partnership with BitGo Trust Company, LGHL will also reserve and stake Solana (SOL) and Sui (SUI) via BitGo’s institutional custody and validator network. CEO Wilson Wang highlighted HYPE’s decentralized order book as a foundation for scalable DeFi, while SOL and SUI align with the firm’s efficiency-focused reserve strategy. LGHL is evaluating dual listings on the Tokyo and Singapore stock exchanges to become Asia’s first publicly traded company holding HYPE reserves. This initiative underscores growing institutional diversification in crypto and aims to boost liquidity for HYPE, attract global investors, and create long-term shareholder value.
Bullish
Securing a $600 million credit line to accumulate and stake HYPE, SOL, and SUI signals strong institutional backing and is likely to increase liquidity and market depth for these tokens. The immediate $10.6 million delivery and partnership with BitGo for custody and staking add credibility and reduce counterparty risk. Dual‐listing ambitions in Asia could broaden investor access. In the short term, HYPE demand may spike on treasury buys, and SOL and SUI staking rewards may attract yield-hungry traders. Long term, LGHL’s public crypto treasury strategy could set a precedent for other corporates, reinforcing bullish sentiment across these assets.