Sonic Labs gets the green light to release $ 200 million of the distinctive symbols to expand the American market star-news.press/wp

Evolution journalist

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Evolution journalist

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About the author

Amin Ayan is a coding journalist with more than four years of experience in this industry. He contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins and 24/7 Wall St.

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Last update:

September 1, 2025

Sonic Labs has obtained the approval of the community to issue $ 200 million from its original codes, a step aimed at penetrating American capital markets and creating a bridge between Blockchain and traditional financing.

The vote, which It ended on SundayWatch 99.99 % of the portfolio participating in the plan.

With more than 700 million symbols used in the governance process, the proposal achieved the required quorum, indicating a strong alignment within the Sonic community.

Sonic to allocate $ 100 million in symbols for the Nasdak pipe

Sonic strategy includes allocating $ 100 million of distinctive codes for strategic reserve financing to support a planned vehicle from the NASDAC (private investment in public stocks).

An additional amount of $ 50 million will go to support for a trading product (ETP), which tracks the S.

The product will be released, according to Sonic, by the first -class ETF provider, and runs more than $ 10 billion of assets and BITGO prevention.

To support its expansion in the United States, Sonic will create a new entity, Sonic Usa LLC, and to recruit a New York -based leadership team to direct its efforts in Washington, DC, and across the traditional financing scene.

The project plans to allocate 150 million symbols (worth $ 47.7 million) to start the new section.

While a growing number of public companies has turned into Crypto to diversify their public budgets, Sonic takes a different way, using fixed financial structures to pay deeper into the encryption sector.

This step is a rare reflection of the typical encoded playing book.

Sonic was launched in December 2024, sophisticated from the Fantom Opera Network through symbolic deportation where FTM 1: 1 symbols were replaced by S.

However, Sonic inherited the distinctive code restricted by Fantom, with less than 3 % of the Foundation -controlled symbols, leaving the team with limited flexibility to finance initiatives or forming major partnerships.

According to the project, this restriction has caused lost opportunities, including potential connections with Gamestop, Robinhood, Polymarket, and preventing early lists on major exchanges.

“We have 2018 tokenomics. We need 2025 Tokenomics,” Sonic stated the proposal.

Sonic Plans Asse Respects to Boost S token Splate

To balance the new version of the distinctive symbol, Sonic will review its gas fee system and increase the rate of burning of transactions, with the aim of applying the contraction pressure to supply the distinctive symbol.

The company says this will allow it to participate in capital markets without eliminating long -term holders.

The S symbol was faced in the winds of great opposite, where nearly 69 % decreased since its first appearance in January, for all Coingecko.

At the same time, Sonic is part of the US Department of Commerce’s initiative to bring in economic data on Onchain using Chainlink and Pyth Oracles, allowing developers to access macroeconomic indicators in actual time directly through Blockchain.

In May, Singapore’s Supreme Court approved a final order against Multichain Foundation Ltd after a 2023 security breach, which caused user losses more than $ 210 million.

Ranking, Issued on May 92025, came in response to a petition presented by Sonic Labs, which was among the platforms affected by the penetration.