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RT Watson

Hyperliquid Foundation backs new DeFi policy center with 1 million HYPE token pledge valued at $29 million

On Wednesday, Hyperliquid Foundation said it would help establish the Hyperliquid Policy Center with a donation of 1 million HYPE tokens valued at about $29 million. The independent research and advocacy group, led by Variant Fund advisor Jake Chervinsky, aims to promote clear U.S. regulations so that DeFi can develop and have representation in Washington, D.C.