HYPE is strongly attracting funds! The Nasdaq-listed company Lion Group has invested 600 million dollars to get on board, with institutional funds surging in the background.

With the important progress of global crypto regulation, a number of listed companies have begun to actively get involved in the crypto field. In addition to the "king" Bitcoin, the top altcoins have also attracted the attention of many companies. As a rookie, Hyperliquid (HYPE) has quietly set off a "beach-grabbing landing war" of institutional funds. In just two days, two heavyweight listed companies have successively announced large capital pool plans, which has aroused great concern in the market.

Core Event Overview:

1. Nasdaq-listed institution leads the way: On June 18, the Nasdaq-listed company Lion Group Holding Ltd (LGHL) announced the launch of a special funding pool with a scale of up to $600 million, aimed at creating the "world's largest Hyperliquid (HYPE) funding pool". LGHL is not an ordinary enterprise; its main business is to provide total return swaps (TRS), contracts for difference (CFD), and over-the-counter stock options and other professional derivatives trading platforms.
2. Medical technology giants take the lead in layout: Just the day before (June 17), the American ophthalmic technology company Eyenovia also announced plans to invest 50 million to launch the Hyperliquid funding strategy. Despite its small initial phase, Eyenovia's ambition to "become a core HYPE strategy holder" is just as compelling.
3. "HYPE Capital Pool Competition" quietly begins: Two major institutions have coincidentally and prominently arranged the HYPE capital pool, with a clear goal and similar wording. A "institutional holding competition" centered around the Hyperliquid native token HYPE has kicked off, inevitably reminding one of the trend led by Strategy where publicly listed companies are creating Bitcoin capital pools that are now spreading to emerging public chain tokens.

Why are institutions betting on HYPE?

• Business Collaboration and Strategic Transformation: LGHL's motivation is most representative. Its CEO Wilson Wang stated: "Hyperliquid represents the natural extension of LGHL's existing derivatives business into the decentralized market. We firmly believe that decentralized on-chain execution is the future of trading." The decentralized trading sorting technology that HYPE focuses on is seen as the foundation for building a scalable DeFi system. LGHL even restarted its encryption business line for this purpose, showcasing its strategic determination.
• Seizing the Emerging Public Chain Track: Hyperliquid, as a high-performance L1 blockchain focused on DeFi derivatives, has its native token HYPE become an important target for institutions to layout "next-generation financial infrastructure." Its current market capitalization of approximately $13 billion (ranked 13th) also shows the market's recognition of its potential.
• Emergence of Diversified Fund Pool Strategies: LGHL's ambition goes beyond HYPE. CEO Wilson Wang also revealed that its on-chain vision includes building reserves primarily based on Solana (SOL) and Sui (SUI). SOL (market cap $77 billion, ranked 6th) as a leader in consumer application layers, and SUI (market cap $9.4 billion, ranked 15th) supported by Eric Trump’s organization due to its high performance and composability, will both become key pillars of its "executive priority protocol" fund pool strategy. BitGo will be responsible for the custody and staking of its SOL and SUI assets.

New Trends in the Asian Market:

LGHL is actively considering a secondary listing on the Tokyo Stock Exchange and Singapore Exchange. If successful, LGHL will become the first publicly listed company in Asia to hold HYPE reserves, a move that may significantly enhance the influence and recognition of Hyperliquid and HYPE in the traditional financial markets of Asia.

Market Reaction and Future Outlook:

Although the two major positive news did not immediately push up the price of HYPE coin in a weak environment, the substantial entry of top institutions, especially LGHL's massive commitment of $600 million, undoubtedly injected strong confidence backing into the Hyperliquid ecosystem.

Summary:

The successive entry of LGHL and Eyenovia marks the official entry of Hyperliquid (HYPE) into the asset allocation vision of mainstream listed companies. Institutional funds are no longer limited to Bitcoin, and have begun to proliferate to emerging public chain native tokens with technological innovation and practical application potential. LGHL aims at both SOL and SUI, which highlights the strategic vision of the leading institutions to lay out the multi-chain future. This "HYPE capital pool competition" led by listed companies has just begun, and its subsequent development and impact on the valuation of HYPE, the Hyperliquid ecosystem, and even the entire DeFi and L1 public chain competition landscape deserve continuous attention. A potential secondary listing in the Asian market could be the next catalyst.

Market data shows that HYPE is currently at $38.92, with a 24-hour drop of 4.4%.