Lion Group Holding Ltd. (NASDAQ: LGHL) said Monday it will exchange its holdings of Solana (SOL) and Sui (SUI) for Hyperliquid (HYPE), marking a shift in the company’s cryptocurrency portfolio strategy.
The move comes as U.S.-based BitGo Trust Company launched institutional custody services for Hyperliquid’s EVM, giving firms like Lion Group access to regulated storage solutions. The company said the reallocation is aimed at leveraging Hyperliquid’s blockchain network and decentralised perpetual futures exchange.
Gradual Reallocation Strategy
Lion Group said it will gradually convert its existing SOL and SUI assets into Hyperliquid using an accumulation approach. By spreading purchases over time, the company intends to mitigate price volatility and lower its overall acquisition cost. Wilson Wang, chief executive of Lion Group, said the strategy is designed to improve efficiency in managing digital assets while positioning the firm for long-term growth in the sector.
He noted that Hyperliquid’s infrastructure, including its on-chain order book, influenced the decision. The company did not disclose the size of its current holdings or the expected timeframe for completing the asset shift.
Broader Digital Asset Focus
The Singapore-based trading platform operator said the reallocation aligns with its ongoing efforts to refine treasury reserves and explore new opportunities in digital assets.
Lion Group operates a multi-service trading platform and has expanded into cryptocurrency services in recent years. The company said it will continue to provide updates on the transition and maintain its focus on managing risk while adopting new blockchain technologies.
