Lion Group Holds 195,000 HYPE Tokens Valued at $18.2 Million
The company valued its HYPE treasury at about $18.2 million as of Sept. 21, 2026, and has not sold any tokens since establishing the holding.

As of Sept. 21, 2026, Lion Group Holding Ltd.’s digital-asset treasury contained about 195,000 Hyperliquid (HYPE) tokens worth approximately $18.2 million.
The valuation was based on market prices on that date. The company has not sold any HYPE since establishing the position and continues to hold its full allocation.
The disclosure is included in a Form 6-K filed with the U.S. Securities and Exchange Commission. The filing identifies Chunning Wang as Lion Group’s chief executive officer and director.
The HYPE holding is part of Lion Group’s treasury management strategy. It does not represent exchange trading volume, user deposits or Hyperliquid’s total value locked, a measure of assets deposited in a protocol.
In September 2025, Lion Group planned to convert its Solana (SOL) and Sui (SUI) holdings into HYPE over time while managing its average acquisition cost.
Hyperliquid is a Layer 1 blockchain and decentralized perpetual-futures exchange. The Sept. 21 filing reaffirmed the company’s HYPE balance but did not disclose an acquisition price, custody provider, wallet address or transaction records.


