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Eyenovia, a company listed in Nasdaq and known by its digital eye care technology, entered the cryptocurrency sector. The company has completed fundraising $ 50 million through a contract for the purchase of securities with institutional investors.
In short
- Eyenovia has received $ 50 million to buy hype tokens and entry into the market for digital assets.
- CEO Michael Rowe said that this initiative is focused on long -term diversification and growth.
- Despite rising interest in the last seven days, the price of hype has dropped by more than 9 %.
Blockchain Eye Care: Eyenovia is a strategic move
According to the announcement, the funds will be assigned to the acquisition and retaining hype, native token hyperliquide, decentralized platforms for the exchange of assets and blockchain layer 1.
This decision will be placed by Eyenovia as the first US company on the stock market so that it includes hype in its cash. This investment represents a turn to digital assets in the long -term Eyenovia strategy.
CEO Michael Rowe said that the aim is diversification, liquidity and future growth with complete approval of the Council after careful examination.
We are pleased that we can join the growing number of companies that have adopted similar strategies for diversification, liquidity and long -term potential for evaluation of capital represented by cryptocurrencies. After a complete review of all available alternatives, we concluded with the Council that this operation is in the best interest of our shareholders.
Michael Rowe, Eyenovia CEO
Details of financing and current changes
Within this fundraising, Eyenovia offers investors a mixture of privileged shares and subscription vouchers. They can either be converted into common stocks, or allow investors to buy multiple shares later for $ 3.25.
If each subscription is applied, the total increased capital could reach up to $ 150 million. However, this will depend on the reaction of investors in the future.
The transaction should be completed around 20 June 2025, subject to the usual closure conditions. In addition, Eyenovia announced its intention to change its name to become “hyperion defi” and accept the symbol of “HYDD” in the stock market, indicating its strengthened obligation in the world of cryptocurrency.
In addition, the company appointed Hyunsu Jung for the post of investment director. It will also join the Board of Directors and support strategy and investment in the company’s digital assets.
A similar trend appears especially in the Lion Group Holding LTD, other companies listed in Nasdaq. Recently, it has received easy financing of $ 600 million from ATW partners to support its own hype and its blockchain projects.
Hype token is back on the market in spite of the growing institutional interest
Despite the increase in the interest of companies, the price of the Humbuk token recorded. Over the last week, more than 9 % have fallen, of which 2 % in the last 24 hours.
The recent movement of the price of hype is under pressure, with key levels that can be monitored. Here is what reveals current market signals.
- The resistance of around $ 42 remains solid, with the domination of sellers, while key support to $ 37 is subject to pressure raising.
- A break below $ 37 could open the door to new losses, other areas down around $ 31.
- RSI shows slowing dynamics with a neutral feeling, while the sales pressure increases and the volume expands during the fall.
- The price movement remains low below the critical levels of VWAP, including the lowest weekly and VWAP from last week for $ 40.30.
- Movement over $ 41.60 could change the feeling in the bulls, but for now, analysts are waiting for the short -term weaknesses that extend.
However, the news remains recent as and with increasing support, there is a real potential to straighten the hype token and regain dynamics in the future.
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IFOLOWA specializes in writing and marketing Web3, with more than 5 years of experience in creating bright and strategic content. In addition, it trades in crypt and is qualified in performing technical, basic and chains.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.