When we were choosing a ticker for Hyperliquid Strategies, most of the obvious options were some variation of HYPE. They were fine. They were also boring. I pushed for $PURR because it was distinctive, connected directly with the Hyperliquid community and reflected the kind of company we wanted to build. Some people loved it immediately. Others still weren’t entirely convinced. I sat down with @0xTangle at the @HLglobal_ Hyperliquid Summit to discuss the decision, how I explain @HyperliquidX to traditional investors, and why we assembled @HypeStrat with such a deliberately TradFi-oriented team and board. The immediate goal is to provide an institutionally credible way to access HYPE. The larger opportunity is helping connect Hyperliquid with the trillions of dollars of financial assets that have yet to move onchain. That is why we are thinking beyond simply being a DAT.