Lion Group Holding has disclosed a corporate treasury position of approximately 195,000 HYPE tokens in a Form 6-K filed on September 21, becoming one of the latest public companies to diversify crypto holdings beyond Bitcoin and Ethereum. The disclosure represents an asset holding tied to Hyperliquid, the decentralized derivatives platform, and should not be confused with exchange volume, user deposits or total value locked.
Hyperliquid has evolved into a closely watched venue in decentralized derivatives trading, and HYPE has become part of the market’s broader infrastructure narrative. By placing HYPE on a listed company’s balance sheet, Lion Group creates a direct connection between Hyperliquid’s ecosystem value and its own treasury strategy. This move highlights a shift among public firms seeking differentiated crypto exposure via protocol-specific tokens rather than only bitcoin.
Separately, trader and influencer @Route2FI has projected that HYPE could reach $120 by year-end. The bullish call comes as the Altcoin Season Index sits at 44, reflecting cautious optimism and rising interest in selected altcoins. Traders are monitoring revenue growth, active trading patterns and potential resistance near the $120 target, while the relatively light regulatory environment for DeFi platforms continues to support attention on Hyperliquid and its token.
