Hyperliquid Strategies DAT CEO denies involvement in the $320M OTC sale by Hyperliquid Labs.

VC & Fundraising · 2026-10-08

The CEO of Hyperliquid Strategies DAO has stated that the organization was not involved in a $320M over-the-counter token sale conducted by Hyperliquid Labs. The denial clarifies that Hyperliquid Strategies DAO was not among the buyers in the transaction.

Previously on Telem

MAS claims no jurisdiction over Singapore-based Hyperliquid due to decentralization 2026-10-07
Hyperliquid CEO: all exchanges must adopt public blockchain infrastructure 2026-10-07
Hyperliquid registers in Singapore, MAS excludes it from jurisdiction 2026-10-07
Hyperliquid treasury reaches $3.3 billion in HYPE tokens held 2026-10-06
TWST token launches on Hyperliquid via HIP-3 proposal 2026-10-06