Hyperliquid Strategies reveals $620 million Q3 profit, files for US futures license

Hyperliquid Strategies is moving to strengthen its presence in regulated US markets, building on one of the largest token treasuries in the sector. The Nasdaq-listed investment firm reported that its growing HYPE token holdings now form the core of its financial and strategic expansion plan. As of September 30, Hyperliquid Strategies held 38.52 million HYPE tokens valued at $3.505 billion. The company also reported having $254.6 million in cash and cash equivalents, with no outstanding debt on its books. This balance sheet structure underlines the firm’s heavy reliance on the Hyperliquid ecosystem.

Source: CoinTurk News