Sonic Labs Launches USSD: A Network-Native USD Stablecoin Backed by BlackRock an...
TLDR: USSD is backed 1:1 by U.S. Treasury bills held with BlackRock, Superstate, and WisdomTree funds. Sonic’s native stablecoin o...
Sonic Labs Names Mitchell Demeter CEO, Sets Sights on U.S. Institutional Growth
TLDR: Sonic Labs appointed Mitchell Demeter as CEO to lead its next phase of institutional and global expansion efforts. Demeter w...
SonicStrategy Secures $40M Sonic Labs Investment, Eyes Nasdaq Listing
TLDR: SonicStrategy receives $40M USD investment from Sonic Labs, structured as convertible debt in $S tokens. Investment sets sta...
Sonic Labs Approves $150M Expansion Into U.S. Capital Markets
TLDR: Sonic Labs approves $150M expansion plan for U.S. ETFs and NASDAQ PIPE development Proposal includes forming Sonic USA LLC w...
Sonic Labs Gets Green Light to Issue $200M in Tokens for US Market Expansion
Sonic Labs has secured community approval to issue $200 million worth of its native S tokens, a move aimed at penetrating US capit...
Sonic Labs Pushes $150M Governance Vote to Bring $S ETF and PIPE to Wall Street
TLDR: Sonic Labs proposes $50M ETF allocation and $100M PIPE vehicle to expand into U.S. financial markets. Governance proposal in...
Exit Scam? DeFi Protocol CrediX’s Team Vanishes Following $4.5 Million Exploit
The team behind the DeFi protocol CrediX is suspected of an exit scam following a recent $4.5 million security breach. The team ha...