Eole Buys 1,078 HYPE, Plans $611K Total Investment by August

Tokyo-listed Eole acquired 1,078 HYPE for $66K, marking Japan's first listed firm disclosure. It aims to reach $611K holdings by August end under its Neo Crypto Bank program.

Woofun AI reports that Tokyo-listed company Eole purchased 1,078.2547 HYPE tokens for $66,000 on July 28, averaging $57.15 per token. This marks the first instance of a Japanese publicly listed entity disclosing HYPE acquisition. The firm intends to raise its total HYPE investment to $611,000 through multiple buys before August concludes, holding it as a strategic asset within the "Neo Crypto Bank" initiative alongside Bitcoin. Eole stated that the holding strategy targets on-chain finance and Web3 business expansion rather than pure capital gains, potentially generating revenue via asset lending and hedging.