Hyperliquid Secures $1 Billion Through IPO, Fueling Expansion and DeFi Focus

Hyperliquid Strategies has unveiled plans to raise up to $1 billion through a public offering (IPO) as it prepares for a major transition in its business model. The company’s filing with the US Securities and Exchange Commission outlines its intention to issue 160 million shares of common stock, with Chardan Capital Markets providing financial advisory services. This move will significantly bolster the company’s operations and propel it into new ventures within the DeFi space.