Hyperliquid’s S-1 Filing: A New Era for Crypto in Business?
Hyperliquid has filed its S-1 with the SEC and it’s hard not to see this as a major turning point in the crypto landscape for businesses. This is where we dive into what it means for SMEs and how the integration of stablecoins could play out.
Hyperliquid’s S-1 Filing: What’s the Deal?
Hyperliquid is raising up to $1 billion through a public offering by merging with Nasdaq-listed Sonnet BioTherapeutics and a SPAC. They want to sell more equity, and that money is going to go towards building up their treasury of HYPE tokens.
This is big. They’re basically putting the stamp of approval on crypto assets in traditional finance, and it could change the game for companies looking to integrate crypto into their business.
