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Flowdesk's Sales Director announces the establishment of Hyper Holdings Global to drive institutional capital into Hyperliquid.
ME News, June 26 (UTC+8), Hans Birringer, Head of Sales at Flowdesk US, announced on X platform the establishment of Hyper Holdings Global, describing it as a consortium of investors, institutions, and entrepreneurs aimed at bridging traditional finance with the Hyperliquid ecosystem.
Its first step is a strategic partnership with Grayscale to launch the Grayscale Hyperliquid Staking ETF (HYPG).
Birringer stated that Grayscale has been deeply involved in the crypto asset space for over a decade, maintains close relationships with U.S. regulators and policymakers, launched the first publicly traded Bitcoin fund, and set the legal precedent for the approval of spot crypto ETPs.
He noted that HYPG will serve as an entry point for long-term institutional capital into the Hyperliquid ecosystem, with participants including Multicoin Capital, Hypurrdash, MotusAk, and other institutions and individuals. (Source: Foresight News)