Hyperion DeFi's HYPE Reserve to Continue Growing Amidst White House Endorsement

Hyperion DeFi, Inc. (NASDAQ:HYPD) CEO Hyunsu Jung said the company's goal is to steadily grow its reserve of Hyperliquid (CRYPTO: HYPE), a native token on the Hyperliquid Layer-1 blockchain.

The company currently holds around 1.93 million HYPE tokens worth over $166 million, making it the second-largest HYPE treasury holder after Hyperliquid Strategies Inc. (NASDAQ:PURR).

Jung emphasized that accumulating more HYPE ownership is beneficial for future growth and development of new primitives on the Hyperliquid ecosystem.