The Better Hyperliquid Trade Wednesday Was on the Nasdaq, Not Onchain

Hyperliquid Strategies (PURR) closed 30.4% higher on Wednesday, outpacing the gain in Hyperliquid (HYPE) token’s price after President Donald Trump said regulators are working to bring the exchange onshore. The Nasdaq-listed company holds HYPE as a digital asset treasury. Its shares moved further on the news than the token sitting on its balance sheet. Hyperliquid