In a move that is surprising but also is painting a strategically telling picture, biotech firm Sonnet BioTherapeutics is merging with Rorschach to form Hyperliquid Strategies, which the goal is to make the company HYPE tokens’ largest United States holder. Hyperliquid itself is a decentralized cryptocurrency exchange with it’s own layer-1 blockchain and native token […]

The post $888M Hyperliquid-Sonnet Deal Puts Spotlight on Crypto Reverse Mergers, HootDex Emerges as a Quiet Contender first appeared on The UCW Newswire : Blockchain and Crypto News.