Endra Life Sciences commences staking of HYPE digital asset holdings

ENDRA Life Sciences (NDRA) announced it has commenced staking its holdings of HYPE (HYPE-USD), the native token of the Hyperliquid ecosystem. The company said the move is designed to maximize the utility and return of its HYPE treasury. The initiative is guided by ARCA Investment Management and secured by Anchorage Digital. “Commencing our HYPE staking program is an essential evolution of our digital asset strategy,” said Alexander Tokman, CEO of ENDRA. “By partnering with industry leaders ARCA and Anchorage Digital, we are not just purchasing digital assets – we are putting capital to work in a productive, reward generating way, all within a robust and compliant institutional framework.”

Meet Your ETF AI Analyst

Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on NDRA:

Disclaimer & DisclosureReport an Issue

Endra Life Sciences files to sell 2.68M shares of common stock for holders ENDRA Life Sciences Signs Sales Agreement with Lucid

View Comments