Stanley Druckenmiller backs Trade[XYZ] after reported $23 million indirect investment
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
Stanley Druckenmiller endorsed the Hyperliquid venture Trade[XYZ] in his first X post following a reported indirect $23 million investment, according to CoinDesk.
Billionaire investor Stanley Druckenmiller posted on social media platform X for the first time to back the Hyperliquid venture and disclose an investment in platform Trade[XYZ], according to CoinDesk. CoinDesk reported that the disclosure involves an indirect $23 million investment, following earlier reports that his family office held shares in a treasury company focused on HYPE tokens. The Trade[XYZ] platform is also partnering with the parent company of the New York Stock Exchange.
Key facts
- $23M indirect investment
- Trade[XYZ]
- NYSE parent partnership
- Reported by CoinDesk