Tiger Alpha (LSE:TIR) shares rose 15% on Monday after the investment group announced it will launch a blockchain staking strategy on the Hyperliquid (HYPE) network, marking an expansion of its decentralised infrastructure portfolio.
The London-listed company said it has allocated £250,000 to the new initiative, with technical implementation expected to begin in the final quarter of 2025. Early results, including yield and participation data, will be reported in its year-end update.
Staking allows digital asset holders to lock tokens into a blockchain to help secure the network and earn rewards.
On Hyperliquid, a fully on-chain decentralised exchange, staking also supports liquidity and governance, enabling participants to share in transaction fees and yield generated by market activity.
Tiger Alpha described the move as a natural extension of its existing investments in decentralised computing, including its involvement in Bittensor, a blockchain network that supports artificial intelligence applications.
The company said the new strategy would “complement the Bittensor subnets” by providing exposure to decentralised liquidity protocols.
Expected annual returns from staking on Hyperliquid range between 2.3% and 4.5%, depending on the level of participation across the network.
Chief executive Jonathan Bixby said the initiative represented “a pivotal evolution in Tiger Alpha’s journey,” adding that it positioned the company “at the convergence of decentralised intelligence and liquidity.”
The shares rose 0.15p to 1.15p.