Hyperliquid Seeks $1B Funding to Power HYPE Token Expansion

The merger will create a Nasdaq-listed entity linking DeFi and traditional finance.Funds will be used for HYPE token buybacks, ecosystem expansion, and engineering growth.Hyperliquid is seeking to raise $1 billion through a SPAC merger with Rorschach I LLC.Hyperliquid Files for $1B Raise via SPAC MergerHyperliquid, one of the fastest-growing decentralized exchanges (DEXes), has filed with the U.S. Securities and Exchange Commission (SEC) to raise $1 billion through a special purpose acquisition company (SPA ...