LGHL receives $600 million in funding to launch Hyperliquid, Solana, Sui Reserve in partnership with BitGo

Lion Group Holding Limited (LGHL) announces that it has obtained a $600 million funding line from ATW Partners and will collaborate with BitGo to launch and deploy reserves for Hyperliquid (HYPE), Solana (SOL), and Sui (SUI).

• LGHL will strategically accumulate HYPE as the company's primary reserve asset
• LGHL will launch a new generation of Layer 1 blockchain strategic reserves centered on Hyperliquid (HYPE), Solana (SOL), and Sui (SUI)
• SOL and SUI assets will be custodied by BitGo Trust Company, Inc. and will be staked through BitGo-managed validators
• LGHL will evaluate multi-listing on the Tokyo Stock Exchange (TSE) and Singapore Exchange (SGX) to expand global presence and become the first Asian listed company holding HYPE reserves

LGHL CEO Wilson Wang stated: "Hyperliquid is an extension of LGHL's existing derivatives business into the decentralized market, reflecting our belief in decentralized on-chain trading. We believe the decentralized sequencing function of HYPE will be the foundation for building a scalable DeFi system. We are also evaluating launching reserves for Solana (SOL) and Sui (SUI), both platforms aligning with our execution efficiency-prioritized reserve strategy. Solana excels in consumer applications, while Sui is a high-performance, composable Layer 1 blockchain recently supported by Eric Trump's World Liberty Financial."

As on-chain application adoption rapidly grows, LGHL believes that combining a new generation of Layer 1 blockchain portfolio through public market channels will attract global investor attention and create long-term shareholder value. This plan not only marks the company's restart of cryptocurrency business but also represents a significant strategic transformation towards digital assets.

BitGo CEO Mike Belshe said: "We are pleased to support LGHL's strategic expansion into the Solana and Sui ecosystems through our institutional-grade custody and trading solutions. This $600 million funding line reflects institutional investors accelerating cryptocurrency investment diversification. BitGo has the capability to support this new wave of institutional investors, and we are honored to be LGHL's partner in this new phase of virtual asset management."

LGHL has established a partnership with BitGo, a cryptocurrency solutions infrastructure provider, to ensure asset security while maximizing reserve asset potential. BitGo is the largest Solana custodian and a leading staking provider in the cryptocurrency staking field, offering professional expertise and yield-enhancing opportunities through its comprehensive service platform. BitGo will leverage its technology, control systems, and regulatory-compliant advantages to effectively protect LGHL's assets.

The first tranche is expected to be completed within 48 hours, with a subscription amount of $10.6 million.

Chardan Capital Markets, LLC serves as the exclusive placement agent for this funding line.

The above description is not complete; please refer to the full Form 6-K report dated June 18, 2025, for detailed information.

About Lion Group Holding Limited

Lion Group Holding Limited (LGHL) operates a comprehensive trading platform offering a wide range of products and services, including (i) Total Return Swap (TRS) trading, (ii) Contract for Difference (CFD) trading, (iii) Over-the-Counter (OTC) stock options trading, and (iv) futures and securities brokerage. For more information, visit http://ir.liongrouphl.com.

About BitGo

BitGo is a leading cryptocurrency solutions infrastructure provider, offering custody, wallet, staking, trading, financial, and settlement services from regulated cold wallets. Since its establishment in 2013, we have focused on helping clients conduct cryptocurrency business securely. BitGo has multiple regulated operational locations globally, serving thousands of institutions, including top industry brands, exchanges, and platforms, as well as millions of individual investors worldwide. BitGo is a critical infrastructure in the crypto asset field, processing a large volume of Bitcoin network transactions and is the world's largest independent crypto asset custody and staking service provider. For more information, visit www.bitgo.com.