Summary
- Nasdaq-listed Lion Group Holdings said it plans to convert its Solana (SOL) and Sui (SUI) into Hyperliquid (HYPE).
- Lion Group said it will lower the average purchase price through gradual swaps and stockpile Hyperliquid for the long term.
- CEO Wilson Wang said Hyperliquid has efficient trading infrastructure and that this swap can increase portfolio efficiency.
Nasdaq-listed Lion Group Holdings plans to swap its holdings of Solana (SOL) and Sui (SUI) into Hyperliquid (HYPE).
On the 8th (local time), according to PR Newswire, Lion Group said in a press release, "We plan to convert all currently held Solana and Sui into Hyperliquid," and said, "Through gradual swaps we will lower the average purchase price and stockpile Hyperliquid for the long term."
Wilson Wang, CEO of Lion Group, said, "Hyperliquid is a platform with efficient trading infrastructure," and added, "This swap will significantly improve portfolio efficiency."
Son Min
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