Summary of MicroPolicies for Hyperliquid
✍️Participator.
1. Bob Diamond (former CEO of Barclays) and David Schemis (partner at JC Flowers) – two Wall Street veterans who are launching Hyperliquid Strategies
2. Raised $888 million to establish a publicly traded company holding HYPE tokens
3. Partnering with Paradigm, as well as other major investors
✍️Essentials.
Investment Thesis:
1. HYPE trades at ~10x P/E ($15 billion in market cap, $1.5 billion in annual cash flow)
2. They see this as a "value investment in the crypto space" – a very rare combination
3. Hyperliquid uses most of its cash flow to buy back HYPE tokens (similar to equity buybacks)
✍️ Structural design:
1. 65% of investors directly contribute to HYPE tokens
2. 35% cash contribution (to buy more HYPE)
3. Closing will be completed in Q4 2024 (after shareholder approval)
4. Stake HYPE initially, then explore DeFi opportunities
✍️ Why it matters:
1. US investors cannot easily buy HYPE (not listed on US exchanges)
2. This provides a compliant approach to exposure for U.S. equity investors
3. They believe in great growth potential (HLP3, builder codes, new asset classes)
✍️Vision:
1. The mission is to explain Hyperliquid to traditional finance
2. The future may be "bigger than Nasdaq"
3. If the stock price is premium, additional shares will be issued; If you get a discount, buy it back
4. Always focus on increasing book value per share
👉Conclusion:
Two Wall Street legends are betting nearly $1 billion on Hyperliquid as undervalued and will be the future infrastructure for global derivatives trading.
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