Hyperion DeFi, Inc. (NASDAQ: HYPD) shares traveled higher to begin Monday. The company, the first U.S. publicly listed DeFi company building on Hyperliquid, today announced that it has partnered with Blockdaemon, a leading U.S. headquartered institutional-grade crypto infrastructure company, to support their Hyperliquid staking operations through the Kinetiq X Hyperion Validator.
Hyperliquid has emerged as one of the most active decentralized trading ecosystems, creating growing demand for reliable validator infrastructure, staking access, and institutional-grade support across its network. The Hyperion DeFi partnership with Blockdaemon marks an important milestone in building a deeper infrastructure presence around Hyperliquid while supporting institutional clients seeking exposure to staking and DeFi opportunities through trusted partners.
“We are proud to work with Blockdaemon to support the institutional adoption of Hyperliquid and provide access to the network’s native staking yield through our Validator operations,” said CEO Hyunsu Jung, “This partnership is a key step towards scaling our broad suite of onchain products and services, as we position ourselves for continued institutional interest to participate in DeFi built on Hyperliquid.”
The partnership, to quote Monday’s news release, “reflects Blockdaemon’s continued focus on providing secure, reliable, and scalable blockchain infrastructure through their digital asset platform for institutions across staking, nodes, APIs, MPC wallet technology, and emerging DeFi use cases across the industry’s leading blockchain networks.”
HYPD gained 15.5 cents, or 4.5%, to $3.605.
