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 [...]

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