Nasdaq listed companies sweep million SUI to gamble on Layer1 in the future! Lion Group's crypto vault SOL and HYPE positions exposed | Layer1 institutional battle | PerpDEX breaks out

Nasdaq listed companies spend tens of millions of dollars to increase their holdings in SUI! Lion Group's crypto vault is approaching 10 million, and SOL and HYPE positions are exposed that Nasdaq listed companies have swept millions of SUI to gamble on Layer1's future! Behind the exposure of a $9.6 million crypto asset bet on the Lion Group crypto vault SOL and HYPE holdings is the industry turning point for traditional financial institutions to deeply deploy the Layer-1 blockchain ecosystem and accelerate the entry of institutional funds. Singapore - On July 23, 2025, Nasdaq listed company Lion Group Holding Ltd (NASDAQ: LGHL) filed a Form 6-K document with the U.S. Securities and Exchange Commission, announcing that it has increased its holdings of SUI tokens, bringing the company's total crypto asset reserves to approximately US$9.6 million. As soon as the news came out, the market responded immediately: the company's stock price rose by 10.6%. This increase in holdings is a continuation of Lion Group's strategic layout. Its crypto vault currently holds: 128,929 Hyperliquid (HYPE), 6,629 Solana (SOL) and 1,015,680 Sui (SUI). These assets are positioned by the company as "strategic treasury reserves" and focus on the next generation of Layer-1 blockchain ecosystem. --- 01 Institutions enter the market, strategic crypto vaults surface. Lion Group Holding is not a new face in the crypto field. As a financial services company operating in Singapore, it provides comprehensive services including total income swap trading, CFD trading and OTC stock options trading. However, the proactive disclosure of crypto asset allocation worth US$9.6 million marks its strategic transformation from a transaction service provider to a crypto ecosystem participant. The company's management clearly stated in the announcement: "We continue to explore strategic opportunities in the crypto space" and promised to regularly update the growth and management of its digital asset library. Behind this statement is the formal recognition of crypto assets as reserve assets by traditional financial listed companies. The market response verified the forward-looking nature of this decision. After the announcement was released, LGHL's stock price rose 10.6%, setting the largest single-day increase in recent days, indicating that investors strongly recognize the allocation of crypto assets by listed companies. Institutional investors are shifting from Bitcoin and Ethereum to Layer-1 tokens with more growth potential. 02 Three major tokens: Strategic layout of Layer-1 ecosystem Lion Group's crypto vault combination is not a random choice, but an accurate layout for the high-performance blockchain ecosystem. The three major tokens it holds each have their own characteristics and together form the investment map of the next generation of blockchain infrastructure. Hyperliquid (HYPE) is a star project in the field of decentralized derivatives trading. As of July 22, HYPE price has hit an all-time high of $49.87, just one step away from breaking through the psychological threshold of $50. The Hyperliquid platform's open contract volume (OI) has recently jumped to sixth place in derivatives exchanges, surpassing OKX. Its core advantage lies in an innovative token economic model: the platform invests daily fee income in token repurchase and destruction. According to on-chain data, Hyperliquid currently invests more than $4 million per day in HYPE repurchase, and this continuous deflation mechanism provides strong support for the value of the token. Solana (SOL) represents the mature ecosystem of institutional-level blockchain. In July 2025, Solana's on-chain decentralized exchange (DEX) trading volume hit an astonishing record of $1.4 trillion. The ecological boom has attracted traditional financial giants: Solana Ventures recently provided a $200 million credit line to fintech company Mercurity Fintech, specifically to build a treasury of digital assets on the Solana chain. The increase in institutional participation is also reflected in financial product innovation. The market expects that the probability of spot SOL ETF being approved by the end of 2025 is as high as 99%. Once it comes true, it will bring unprecedented institutional capital inflows to the Solana ecosystem. Sui (SUI) is the focus of Lion Group's increase in holdings this time, representing the layout of emerging high-performance blockchains. Although the announcement did not disclose the specific amount of increase, it pushed its holdings to 1,015,680 pieces, becoming the largest token asset in the portfolio. The rapid development of the SUI ecosystem is attracting developers and applications to migrate. Its high-performance features similar to Solana give it unique potential in the field of institutional asset tokenization. 03 Institutional funds are influx in accelerating, and the crypto market structure reconstruction. Lion Group's allocation decision is by no means an isolated incident, but a microcosm of the systematic flow of institutional funds into the crypto market. The integration of traditional finance and crypto ecosystems is accelerating. After Mercurity Fintech acquires US$200 million in credit from Solana Ventures, it plans to use funds to accumulate SOL tokens, establish staking nodes, and invest in Solana ecological projects. "Solana is becoming a high-performance layer for tokenized assets, real-time payments and institutional-level DeFi," the company's chief strategy officer Wilfred Daye made it clear. This statement reveals the underlying logic of traditional financial institutions in laying out blockchain. Investment banks also began to act. The total value of Solana on-chain tokenized stocks has tripled in just three weeks to exceed $100 million. Platforms such as xStocks allow users to trade traditional stocks in the form of tokens on Solana, blurring the boundaries between traditional finance and crypto finance. Market expectations are also undergoing fundamental changes. With the probability of spot SOL ETF approval rising to 99%, the asset management scale of SOL pledged ETF launched by Rex Shares has reached US$42 million in the early stages of listing. Once this trend expands to other Layer-1 tokens, it will completely change the capital structure and valuation logic of the crypto market. 04 The Perp DEX track exploded, and Layer-1's value capture. Lion Group chose HYPE, SOL, and SUI as its core reserves. Behind it is an in-depth prediction of the explosion of the Perp DEX track. The on-chain derivatives market is on the eve of its explosion. Currently, the daily trading volume of crypto derivatives is 4-5 times that of spot stock in the long term, and the penetration rate of the on-chain derivatives market is currently less than 10%, which means that there is at least 10 times growth potential in the future. As the infrastructure for derivatives trading, Perp DEX has become one of the highest-paid tracks in the blockchain industry. Take edgeX as an example. This Perp DEX built on StarkEx ZK-Rollup actually achieved $5.6 million in revenue in the past 30 days, exceeding GMX ($2.45 million) and dYdX ($1.23 million). Technology evolution promotes experience innovation. The new generation of Perp DEX, such as edgeX, can handle 200,000 orders per second, with order matching delays less than 10 milliseconds; Lighter achieves a 5 millisecond soft finality and a matching speed of 10,000 orders per second. These performance indicators are close to the level of centralized exchanges. Hyperliquid has pioneered the token repurchase model, while other unissued Perp DEX projects such as edgeX, Lighter, Aster, etc. have become the next dark horses that are concerned about by the market with their technological innovation and resource background. These projects are built on the Layer-1 public chain, and their success will directly improve the value capture capabilities of the underlying public chain. 05 Trend Outlook: Institutionalization, integration and compliance observations are the nodes of the station in mid-2025, Lion Group's configuration decisions reveal three major trend directions. Institutionalization of crypto asset allocation. Listed companies' inclusion of crypto assets into strategic reserves is changing from a special case to a trend. The publicly disclosed crypto vault management strategy by Lion Group provides replicable templates for traditional listed companies. The integration of tradition and crypto finance has deepened. The explosive growth of tokenized stocks on the Solana chain shows that the integration of traditional financial assets and crypto technology is accelerating. Platforms such as Aster have even supported perpetual contract trading of blue-chip stocks in the US stock market such as Amazon and Apple. Users can use cryptocurrencies as margin for 7×24-hour trading. Supervision and financial product innovation are synchronized. With the rise in spot SOL ETF expectations and Rex Shares' SOL pledged ETF successfully raised $42 million, compliant crypto financial products are becoming the main channel for institutional funds to enter. Once SUI, HYPE and other tokens receive support for similar products, it will trigger a new round of value revaluation. These trends together point to a conclusion: high-performance Layer-1 blockchain is becoming a key infrastructure for the integration of traditional finance and crypto ecosystems. --- Institutional investors are re-drawing encrypted maps. The monthly trading volume of DEX on Solana's on-chain exceeded $1.4 trillion, and Hyperliquid's daily mechanism of repurchasing $4 million tokens supports its price approaching the $50 mark. Solana Ventures injects $200 million into Mercurity Fintech to build an on-chain treasury, and the boundary between traditional finance and crypto ecosystems is melting in the flow of capital. When crypto assets become standard allocation in financial reports of listed companies, when US stock transactions are traded all-weather through SOL on-chain contracts, and when institutional vaults automatically configure Layer-1 tokens through smart contracts - the underlying architecture of the financial world has quietly iterated.