4 hours ago
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 includes forming Sonic USA LLC with a CEO, team, and NYC headquarters. The plan introduces higher token burn rates to create long-term $S deflationary pressure. Sonic holds fewer reserves than rivals and aims to modernize tokenomics [...]
The post Sonic Labs Pushes $150M Governance Vote to Bring $S ETF and PIPE to Wall Street appeared first on Blockonomi.
Source: Blockonomi →Related News
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