Eole Leads Japan into Hype Territory with $611K Stake in Hyperliquid Token

Tokyo-listed Eole has made history by becoming the first Japanese public company to purchase Hyperliquid's HYPE token. On July 28, it bought 1,078.2547 HYPE for $66,002 (¥10.08M), marking Japan's first listed-company purchase of this asset.

The average purchase price was $57.15 (¥9,352) per token. Eole plans to increase its position through several purchases by the end of August, bringing its total investment to $611,113 (¥100 million).

This move is part of Eole's 'Neo Crypto Bank' strategy, which involves developing financial infrastructure for an economy where artificial intelligence agents can make payments and enter contracts.