Hyperliquid Strategies Inc. (NASDAQ: PURR) announced that options trading on its common stock commenced on the Nasdaq Options Market on March 24, 2026. The company operates as a digital asset treasury platform focused on the Hyperliquid ecosystem.

The launch provides institutional and retail investors with tools to hedge positions and implement trading strategies involving the company's stock. Hyperliquid Strategies serves as a vehicle for gaining exposure to HYPE, the native token of the Hyperliquid blockchain.

"This is a major milestone for the Company," said David Schamis, CEO of Hyperliquid Strategies Inc. "PURR options allow our investors to better manage risk and participate in the rapid growth of Hyperliquid's high-performance ecosystem."

According to the company's statement, Hyperliquid Strategies aims to maximize shareholder value through accumulating HYPE tokens. The company describes itself as providing capital-efficient access to the HYPE token for U.S. and institutional investors through staking, yield optimization, and ecosystem engagement.

The press release notes that the company positions itself as the largest HYPE-focused digital asset treasury vehicle. Hyperliquid operates as a blockchain platform designed for financial applications.

The announcement includes forward-looking statements regarding the company's business strategy and expected developments. The company acknowledges risks including the volatile nature of HYPE token prices and potential correlation between its stock price and token values.

Information in this article is based on the company's press release statement.