PANews reported on July 1 that according to PRNewswire, after completing the first HYPE token purchase, Nasdaq-listed company Lion Group Holding Ltd. (LGHL) announced that it would continue to increase its holdings and has now accumulated approximately $5 million worth of HYPE, SOL and SUI for its cryptocurrency Layer-1 asset reserves. In addition, the company disclosed that it is currently evaluating more participation in these ecosystems, including validator operations, governance participation and ecosystem partnerships.