Medical technology company ENDRA includes HYPE token in newly established crypto asset portfolio

Jinse Finance reported that medical technology company ENDRA has completed a round of private placement financing to support its entry into the digital asset sector, and has immediately allocated part of the funds to purchase HYPE tokens—which will become a core component of its actively managed asset treasury. According to news on October 23, the Ann Arbor-based medical technology company completed a private investment in public equity (PIPE) round, raising $4.9 million, with institutional and crypto sector investors as the main participants. Meanwhile, the company revealed that it has allocated approximately $3 million from the raised funds to acquire 78,863 Hyperliquid platform tokens (i.e., HYPE tokens). ENDRA Life Sciences stated that this acquisition marks the first implementation of its newly established Digital Asset Treasury (DAT) strategy.