Hyperliquid Strategies, a new digital asset treasury company, has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), signaling plans to raise $1 billion for general corporate purposes, including the acquisition and staking of Hyperliquids native token, HYPE. The filing marks a major step in the companys strategy to expand its influence within the decentralized finance (DeFi) ecosystem. Hyperliquid Strategies is emerging from a merger between Sonnet BioTherapeutics, a Nasdaq-listed biotech firm, and Rorschach I LLC, a special purpose...