CryptoMedium•7 November 2026•
1 min read
Hyperliquid Allocates $3.5B in HYPE Tokens for US Market Expansion
Key Facts
1Hyperliquid Strategies reported holding 38.52 million HYPE tokens valued at $3.505 billion as of September 30.
2The Nasdaq-listed firm filed for a futures commission merchant (FCM) license to enter regulated US markets.
3The company reported $620.6 million in Q3 net income, driven by unrealized gains on HYPE holdings.
Hyperliquid Strategies reported holding 38.52 million HYPE tokens valued at $3.505 billion as of September 30, 2026. According to Coinpaper, the Nasdaq-listed firm has filed for a futures commission merchant (FCM) license to facilitate its entry into regulated US markets and transition its operations into formal financial frameworks.
The company generated $620.6 million in net income during the third quarter of 2026, a performance driven primarily by unrealized gains on its HYPE holdings. Regarding equity performance, PURR closed at $8.82 on November 6, 2026, with the session seeing a trading range between $8.53 and $9.26.