Tony G “closes order” for $438,000 HYPE, pushing stock up 741%

avatar
Coin68
06-13
This article is machine translated
Show original

Tony G Co-Investment Holdings, headquartered in Canada, uses $438,000 to buy over 10,000 HYPE tokens from the HyperLiquid platform, causing stock prices to surge 741%

Tony G "closes the order" for 10,000 HYPE tokens, pushing stocks up 741%

On 13/06/2025, the Canadian-based investment enterprise Tony G Co-Investment Holdings Ltd. announced the acquisition of a total of 10,387,685 HYPE tokens – the native token of the Derivative DEX Hyperliquid – at an average price of $42.24/token, equivalent to approximately $438,800.

The transaction was executed through WonderFi Technologies Inc., Canada's leading digital asset platform. This is the company's first move to directly access the Hyperliquid ecosystem, consolidating its presence in the DeFi sector, and part of its long-term digital asset strategy.

We're the first public company to add $HYPE to its treasury.

Just the beginning.

Hyperliquid. $TONY on CSE (Canada)$BGRDF on OTC (USA) pic.twitter.com/LN7GVd0Ftq

— Tony G (@TonyGuoga) June 12, 2025

Tony G Co-Investment Holdings Ltd is a Canadian investment company with special attention to areas such as blockchain, cryptocurrency, electronic payments, online commerce, co-capital credit, and life extension technology.

The company operates with a flexible investment strategy into potential portfolios, while supporting companies in the ecosystem through financial-operational consulting and capital provision. The company's leadership includes:

  • Board Chairman: Antanas Guoga (also known as Tony G, a famous figure in both poker and blockchain investment).

  • CEO and Director: Matt Zahab

  • COO: Gediminas Klepackas

Immediately after announcing the investment in HYPE tokens, TONY stocks listed on the Canadian Stock Exchange (CSE) surged 741.82% to $4.63 - also representing a 1,752% growth since its initial listing in early 08/2023, reflecting investors' "excitement" about the company's digital asset strategy expansion.

Tony G Holdings' direct participation in DeFi protocols like Hyperliquid is a positive signal for the digital asset market, as publicly listed companies are now not only focusing on Bitcoin, Ethereum, XRP, Solana... but also paying attention to blockchain solutions with core infrastructure.

Price fluctuation of TONY stocks from Tony G Co-Investment Holdings in the past 24 hours. Image: Google Finance (05:30 PM on 13/06/2025)

Compiled by Coin68

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments