Hyperliquid Strategies Files $1 Billion IPO for HYPE Token Expansion

Hyperliquid Strategies Inc., a digital asset treasury company born from a groundbreaking biotech-to-crypto merger, has filed to raise up to $1 billion with the U.S. Securities and Exchange Commission (SEC). This move signals growing institutional interest in decentralized exchange tokens beyond Bitcoin and Ethereum. 20 million shares of common stock will be offered, with proceeds earmarked for accumulating HYPE tokens – the native cryptocurrency of Hyperliquid’s decentralized perpetual futures platform.