Lion Group Secures $600 Million for Crypto Ventures, Shares Surge

Lion Group, a Nasdaq-listed Hong Kong brokerage firm, has secured $600 million in financing from ATW Partners to implement its Hyperliquid treasury strategy. The announcement triggered a 19.78% surge in the company's shares, with an initial $10.6 million installment to be finalized within 48 hours.

The Hyperliquid initiative marks Lion Group's expansion into decentralized markets, aligning with a growing trend of traditional finance firms embracing crypto treasuries. CEO Wilson Wang framed the move as a natural evolution of the firm's derivatives business, citing blockchain-based trading as the future of the industry.

Concurrently, Lion Group revealed plans to relaunch cryptocurrency operations, potentially incorporating digital asset exposure across its ETF, OTC options, and total return swap products. The financing follows a blueprint established by Michael Saylor's corporate Bitcoin strategy, signaling institutional momentum toward crypto adoption.