Hyperliquid Merger Forms Largest HYPE Treasury, Potentially Driving Price Recovery
The post Hyperliquid Merger Forms Largest HYPE Treasury, Potentially Driving Price Recovery appeared com. Hyperliquid Strategies has completed its merger with Sonnet BioTherapeutics, creating the largest digital asset treasury focused on HYPE tokens. This move opens up public market access to the Hyperliquid ecosystem, valued at over $583 million in HYPE holdings, enhancing liquidity and investor participation in this emerging crypto chain. Merger creates dominant HYPE treasury: Hyperliquid Strategies now holds 16. 89 million HYPE tokens, surpassing competitors and controlling over 6% of circulating supply. Public investors gain direct exposure to Hyperliquid’s DEX and chain through a traded vehicle, as stated by CEO David Schamis. HYPE price surges 17% post-announcement, with positive funding rates indicating bullish futures sentiment; potential recovery to $40 if $35 resistance breaks. Discover how the Hyperliquid Strategies merger boosts HYPE’s treasury dominance and drives price momentum. Explore impacts on crypto investments and key market insights today. What is the Hyperliquid Strategies Merger? Hyperliquid Strategies merger with Sonnet BioTherapeutics, finalized after a July proposal, establishes the entity as Hyperliquid Strategies and forms the largest HYPE crypto treasury to date. This integration allows U. S. public market investors to engage directly with the Hyperliquid ecosystem, including its decentralized exchange and blockchain, through a publicly traded structure. The merger enhances treasury holdings in HYPE, positioning it as a key player beyond traditional assets like Bitcoin and Ethereum. David Schamis, CEO of Hyperliquid Strategies, emphasized the significance, stating, “Today marks a watershed moment: U. S. public market investors can now participate directly in the Hyperliquid ecosystem and do so through a highly liquid, publicly traded vehicle.” This development builds on growing corporate interest in digital asset treasuries, where HYPE joins Binance’s BNB as a standout outside the BTC, ETH, and SOL trio. How Does the HYPE Crypto Treasury Impact Market Dynamics? The merger solidifies Hyperliquid Strategies’ position with 16. 89 million HYPE tokens, valued at approximately $583 million.
