Public company Sonnet establishes $888 millions crypto DAT
According to Jinse Finance, Arkham ZH disclosed that the US-listed company Sonnet Biotherapeutics has merged with Hyperliquid Strategies Inc. to establish a digital asset treasury (DAT) centered around HYPE. Currently, there are $888 million in committed funds, with approximately 65% invested in the form of HYPE tokens and about 35% in US dollars. The shareholders' vote was passed this morning, officially confirming this reserve plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jupiter: WET token Phase 1 sale time adjusted, allocation reduced to 4%
Animoca Brands and the crypto community jointly donate over HK$2.6 million for the Tai Po fire in Hong Kong
Data: A certain whale spent 10 million DAI to purchase 3,297 ETH
YZi Labs announces the EASY Residency Season 2 team, covering Web3, AI, and biotechnology
