Hyperliquid Strategies Dey Form $888M Nasdaq Crypto Treasury
Hyperliquid Strategies show as dem do join through reverse merger wit Sonnet BioTherapeutics wey dey for Nasdaq, create one $888 million crypto treasury. The public company get 12.6 million HYPE tokens plus $305 million for cash. Investors like Paradigm, Galaxy Digital and Pantera Capital back am, Hyperliquid Strategies dey use the Nasdaq listing make dem fit offer regulated stock exposure to digital assets. Dem no do IPO, the merger take Sonnet shell reuse am for public crypto treasury model wey dey connect DeFi and traditional markets. Traders suppose dey watch HYPE token utility roadmap, regulatory matters and how public crypto investment vehicles dey compete. This deal show say institution dem dey start accept crypto treasuries well well and e show sey HYPE tokens get beta momentum.
Bullish
Di reverse merger plus di Nasdaq listing don turn Hyperliquid Strategies become strong public crypto treasury—wey get over 12 million HYPE tokens plus plenty cash reserve—wey go for sure make demand for HYPE tokens strong. For short term, Nasdaq stock fit bring trading momentum for HYPE exposures. For long term, institutional backing, regulated market access, plus transparent treasury management fit stabilize and grow HYPE token market value, wey be sign say outlook dey bullish.