Hyperliquid Raises $1 Billion to Boost HYPE Acquisitions

Crypto firm Hyperliquid Strategies has secured a groundbreaking $1 billion funding round, paving the way for significant expansion of its holdings in decentralized derivatives platform HYPE. This move aims to capitalize on surging demand for trading options like perpetual futures, which are attracting institutional and retail investors alike. The funds will be used to acquire more HYPE tokens, further solidifying Hyperliquid’s position as a major player in this rapidly growing sector. The company’s strategic move reflects the increasing role of altcoins and DeFi in mainstream crypto expansion.