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![0xAlan_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::943954543930494977.png) Alan [@0xAlan_](/creator/twitter/0xAlan_) on x 24.8K followers
Created: 2025-07-14 12:36:46 UTC

Institutional demand for $HYPE is accelerating faster than you think.

Sonnet BioTherapeutics is merging with Rorschach to form Hyperliquid Strategies Inc ($HSI), a public crypto treasury company on Nasdaq.

More details:

🔹 Holding XXXX million $HYPE (1.26% of total supply) worth $XXX million.
🔹 $XXX million cash ready to buy more $HYPE
🔹 US investors unable to buy $HYPE can now gain exposure via HSI
🔹 Rebranding to a new ticker and symbol on Nasdaq (HSI)
🔹 Investor backing by Paradigm, Galaxy, Pantera, D1, Republic, XXX Capital

I said I expected more TradFi players to follow and that's exactly what's happening, and there will now be two tickers on Nasdaq tied directly to $HYPE.

Nearly a whole yard... fully grasp that. This is the MSTR of $HYPE.

![](https://pbs.twimg.com/media/Gv0YwUubcAAQKfz.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944737835359285622/c:line.svg)

**Related Topics**
[$3483token](/topic/$3483token)
[nasdaq](/topic/nasdaq)
[$hsi](/topic/$hsi)
[hyperliquid](/topic/hyperliquid)
[faster](/topic/faster)
[$hype](/topic/$hype)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/0xAlan_/status/1944737835359285622)