Sep 01, 2025
Sonic Labs Approves $150M Expansion Into U.S. Capital Markets
DeFiFinanceBlockchain RegulationCrypto ETFCrypto Marketsdefi-adoptionInstitutional Cryptonasdaq-pipeSonic Labssonic-token-ssonic-usatokenomics
TLDR: Sonic Labs approves $150M expansion plan for U.S. ETFs and NASDAQ PIPE development Proposal includes forming Sonic USA LLC with a full executive team in New York City Updated gas fee model aims to increase token burns and long-term deflationary pressure Community approval sets Sonic on path to compete with top chains in institutional [...]
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