LGHL receives $600 million funding from ATW Partners to launch HYPE Treasury

According to PRNewswire, Lion Group Holding (NASDAQ: LGHL) announced that it has received $600 million in funding from ATW Partners to launch its Hyperliquid (HYPE) based on on on chain treasury plan and restart its crypto business. LGHL plans to use HYPE, Solana, and Sui as core reserve assets and seeks secondary listings on the Tokyo Stock Exchange and Singapore Exchange in the future. The assets will be managed and pledged by BitGo.