[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Schwab Network [@SchwabNetwork](/creator/twitter/SchwabNetwork) on x 74.5K followers Created: 2025-07-14 14:34:42 UTC Sonnet BioTherapeutics announced that it has agreed to merge with Rorschach I LLC to become Hyperliquid Strategies, Inc. and launch a HYPE treasury strategy. Shares of $SONN are currently up about 180%. At closing, the newly-created entity will be named Hyperliquid Strategies Inc. and is expected to hold approximately XXXX million HYPE tokens, representing $XXX million in value and gross cash invested of at least $XXX million, for a total assumed closing value of $XXX million, according to the company. "Hyperliquid has broken out as a crypto project with real fundamentals: strong core contributors, exacting product quality and meteoric growth," Matt Huang, co-founder of Paradigm, said. "We hear lots of institutional demand for exposure to Hyperliquid, yet the native token HYPE is difficult to access in the United States. We are excited about this treasury strategy, which we believe will contribute to the Hyperliquid ecosystem in many ways over time," Huang added.  XXXXX engagements  **Related Topics** [$sonn](/topic/$sonn) [stocks](/topic/stocks) [hyperliquid](/topic/hyperliquid) [Post Link](https://x.com/SchwabNetwork/status/1944767515399217225)
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Schwab Network @SchwabNetwork on x 74.5K followers
Created: 2025-07-14 14:34:42 UTC
Sonnet BioTherapeutics announced that it has agreed to merge with Rorschach I LLC to become Hyperliquid Strategies, Inc. and launch a HYPE treasury strategy.
Shares of $SONN are currently up about 180%.
At closing, the newly-created entity will be named Hyperliquid Strategies Inc. and is expected to hold approximately XXXX million HYPE tokens, representing $XXX million in value and gross cash invested of at least $XXX million, for a total assumed closing value of $XXX million, according to the company.
"Hyperliquid has broken out as a crypto project with real fundamentals: strong core contributors, exacting product quality and meteoric growth," Matt Huang, co-founder of Paradigm, said.
"We hear lots of institutional demand for exposure to Hyperliquid, yet the native token HYPE is difficult to access in the United States. We are excited about this treasury strategy, which we believe will contribute to the Hyperliquid ecosystem in many ways over time," Huang added.
XXXXX engagements
Related Topics $sonn stocks hyperliquid