MASSIVE NEWS.๐ฅ
Hyperliquid Strategies is launching with a WHOPPING $888M VALUATION.
This Nasdaq-listed company is becoming a major player in the crypto world by holding 12.6M HYPE tokens and $305M in cash.
Whatโs the big deal?
Hyperliquid Strategies is a public crypto treasury company, meaning itโs one of the first publicly traded companies focused on managing digital assets .
This is a huge step for mainstream crypto adoption .
Why $HYPE matter: HYPE tokens are central to this venture. With such a massive holding, Hyperliquid Strategies could greatly influence the HYPE ecosystem and its market dynamics.
The strategic move: This all happened through a reverse merger with Sonnet BioTherapeutics, shifting focus from biotech to crypto ๐. This Nasdaq listing brings more visibility, liquidity, and trust.
For you, crypto fam: This is a game-changer for gaining exposure to crypto through a regulated, public company.
But remember, the crypto market is volatile always DYOR.
What do you think about this massive opportunity? ๐ค
