Lion Group Bets Big on Altcoins With $500M Hyperliquid Strategy

Singapore-based trading platform Lion Group Holding is making a bold move into the altcoin space, setting aside over $500 million to build a treasury focused on Hyperliquid (HYPE) tokens.

The initiative, financed by ATW Partners, signals a growing institutional shift toward blockchain-native assets beyond Bitcoin.

Rather than simply diversifying, Lion aims to dominate. It plans to establish the world’s largest HYPE reserve, with BitGo handling custody. The strategy also includes holdings in Solana and Sui—two networks known for fast-growing DeFi ecosystems.

CEO Wilson Wang called HYPE a natural fit for the firm’s crypto derivatives business, emphasizing the asset’s alignment with blockchain-based trading protocols. Lion has already committed to an initial $10.6 million purchase.

This surge in interest isn’t unique. Nasdaq peers like Eyenovia have also begun accumulating HYPE, while other firms, including fitness tech brand Interactive Strength, are exploring altcoin treasuries such as Fetch.ai.

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BitGo CEO Mike Belshe confirmed the company’s role in securely managing the assets, highlighting increased institutional appetite for emerging blockchain ecosystems. Meanwhile, Lion is preparing for further expansion, with plans to list on both the Tokyo and Singapore stock exchanges.

Despite the ambition, Lion acknowledged risks in DeFi exposure. But for now, its crypto pivot marks a significant step as major firms experiment with altcoin reserves as part of a new digital financial infrastructure.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.