Group of lions mentioned in Nasdaq (LGHL) Plan to exchange all its sun and sui holdings for bomb tokens.
The Singapur -based commercial platform operator aims to capitalize on the launch of custody services for the hyperlylic ecosystem in the US. UU. By the custodian of digital assets Bitgo.
Lion Group said he plans to optimize his cryptocurrency portfolio using the decentralized abilities of exchange of perpetual futures of the hyperlychide network, in an announcement on Monday.
The company began acquiring Hype tokens at the end of June, as it previously announced its Hyperliquid Treasury initiative. At that time, however, Lion Group said he planned to continue acquiring Sol and Sui.
The CEO of Lion Group, Wilson Wang, described Hyperliquid as “the most convincing opportunity in decentralized finances, with his book of chain orders and efficient commercial infrastructure.”
“By changing our Sun and Sui participations to exaggerate through a process of disciplined accumulation, our goal is to improve the efficiency of the portfolio and position the company for sustained growth in the cryptographic sector,” he added.
At the time of writing, Hype is priced at $ 51.39, 9% higher in the last 24 hours.
LGHL’s shares quoted at $ 1.25 at noon on the east coast on Monday, a 7.4% drop in the day.
