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Hyperion to deploy 500,000 tokens via Skew HYPE asset agreement
The Block reports Hyperion will fund 500,000 tokens to Skew through a HYPE Asset Use Service deal, receiving equity and a revenue share in return.
Hyperion, a public treasury-focused crypto firm, has entered a new agreement with Skew tied to HYPE assets, The Block reports.
Under the HYPE Asset Use Service, or HAUS, deal, Hyperion will deploy 500,000 tokens to Skew.
In exchange for the token deployment, Hyperion will receive both equity and a revenue share from Skew.
The announcement frames the arrangement as a way to deploy treasury assets using the HYPE asset services model.