Lion Group Holding Ltd. (Nasdaq: LGHL), Hong Kong based company running a trading platform and financial services, has secured a $600 million facility from ATW Partners to launch its $HYPE Treasury and new on-chain initiative. The program focuses on the strategic accumulation of digital assets as part of the company’s shift toward blockchain.
The company’s primary reserve assets such as Hyperliquid ($HYPE), Solana ($SOL) and Sui ($SUI), will form the foundation of a next-generation Layer-1 blockchain treasury strategy. $SOL and $SUI will be custodied and staked with BitGo Trust Company, a digital asset infrastructure provider responsible for managing the staking and custody of these tokens. BitGo, which serves as the largest custodian of Solana and a leading staking provider, will manage the security and operation of the digital assets.
cryptonews.net