PayPal's David Knox heads to Hyperion DeFi. | Credit: Photo by Justin Sullivan/Getty Images. Key Takeaways Hyperion is a leading HYPE treasury with over 1.71 million HYPE tokens. Crypto treasury firms are rapidly emerging as a new favorite for institutional investors. BTC, ETH, SOL, and BNB are some of the top crypto picks for digital asset treasury companies. David Knox, a heavyweight from global payments behemoth PayPal, is making an ambitious career move and has become the Chief Financial Offic ...

Hyperliquid suddenly has a swarm of suitors making passionate pleas for its hand in marriage to create the USDH stablecoin. It's a drama that kicked off last week and has now reached a fevered pitch as some of the biggest crypto companies around compete for the highly sought-after USDH ticker—culminating in an on-chain vote by Hyperliquid stakeholders on Sunday. Major companies like Paxos, Sky, and Frax Finance have thrown their hats in the ring alongside Ethena, with backing from a BlackRock executive. A ...