Hyunsu Jung, CEO of Hyperion DeFi, Inc. (NASDAQ:HYPD), stressed the company’s goal of steadily growing its Hyperliquid (CRYPTO: HYPE) reserve, noting that greater HYPE ownership is beneficial.
HYPE Accumulation to Continue, Says CEO
Hyperion DeFi holds a long-term strategic treasury of the native token of the Hyperliquid Layer-1 blockchain, specifically built for trading perpetual futures, spot assets and other financial derivatives.
It currently holds roughly 1.93 million HYPE, worth over $166 million, on its balance sheet, according to CoinGecko, making it the second-largest HYPE treasury company after Hyperliquid Strategies Inc. (NASDAQ:PURR).
In an email interview with Benzinga, Jung said the company plans to “consistently accumulate” HYPE over time, funded by revenue from expanding business lines and “accretive purchases” through access to public markets.
