Hyperion DeFi signs agreement with Cantor Fitzgerald and others to raise $500 million through stock sale

Jinse Finance reported that Nasdaq-listed company Hyperion DeFi has announced the signing of a sales agreement with Cantor Fitzgerald & Co. and Chardan Capital Markets, LLC. Through these two sales agents, the company will issue and sell its common stock to raise $500 million. The new funds will support its further expansion and operations, as well as be used to increase its holdings of HYPE tokens.