by: xpoolPosted on:

Hyperliquid Aims for $1 Billion Funding Round, Potential HYPE Token Buyback

Crypto firm Hyperliquid is seeking a significant investment of up to $1 billion through an initial public offering (IPO). The funding will support operations and allow the company to expand its digital asset strategies. Notably, part of the proceeds could be allocated towards acquiring HYPE tokens strategically. Hyperliquid currently holds 12.6 million HYPE tokens in addition to $305 million in cash. The firm plans to use a substantial portion of these holdings for staking and generate long-term returns. While exact details remain unconfirmed, Hyperliquid’s IPO filing indicates their intent to acquire additional HYPE tokens through the offering.

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