The post Sonic Labs bets on ETFs, Nasdaq PIPE, and fees: Will U.S. expansion steer S? appeared on BitcoinEthereumNews.com. Key Takeaways Sonic Labs’ U.S. expansion combined ETFs, a Nasdaq PIPE and $150 million in tokens. While fresh issuance creates dilution, its deflationary fee design may counter supply pressure. Sonic Labs is making its biggest leap yet — crossing into the U.S. with a New York office, fresh Wall Street products, and a bold deflationary model for its token. The move could open the door to big institutional money, but it also raises risks that the project will now have to navigate. Here’s the rundown. Sonic’s big U.S. push Sonic Labs won a community vote to anchor itself in the U.S. market — 99.99% “For.” The expansion includes setting up Sonic USA LLC, hiring a local CEO and team, and opening a New York office to establish a stronger presence. Source: Snapshot.box On the product side, Sonic is leaning into TradFi with $50 million allocated to ETFs/ETPs and a $100 million Nasdaq PIPE program. It also set aside 150 million S tokens (formerly FTM) to fund the U.S. entity. This would make the S token more accessible to institutional investors, offering compliant entry points and custody standards. Balancing dilution with deflation While the Wall Street playbook brings new opportunities, it also comes with supply risks. In fact, issuance for the ETF, PIPE, and Sonic USA meant near-term dilution. Naturally, Sonic paired this with a fee tweak: on FeeM transactions, 90% to builders, 5% to validators, 5% burned; on non-FeeM, 50% burned, 50% to validators. If activity grows, burns could offset issuance and temper supply pressure. Having said that, results hinge on execution, fee design, and treasury discipline through cycles. Price still heavy, eyes on execution At press time, Sonic’s S token traded at $0.317, slipping 0.8% over the past 24 hours. With a market cap of just over $1 billion… The post Sonic Labs bets on ETFs, Nasdaq PIPE, and fees: Will U.S. expansion steer S? appeared on BitcoinEthereumNews.com. Key Takeaways Sonic Labs’ U.S. expansion combined ETFs, a Nasdaq PIPE and $150 million in tokens. While fresh issuance creates dilution, its deflationary fee design may counter supply pressure. Sonic Labs is making its biggest leap yet — crossing into the U.S. with a New York office, fresh Wall Street products, and a bold deflationary model for its token. The move could open the door to big institutional money, but it also raises risks that the project will now have to navigate. Here’s the rundown. Sonic’s big U.S. push Sonic Labs won a community vote to anchor itself in the U.S. market — 99.99% “For.” The expansion includes setting up Sonic USA LLC, hiring a local CEO and team, and opening a New York office to establish a stronger presence. Source: Snapshot.box On the product side, Sonic is leaning into TradFi with $50 million allocated to ETFs/ETPs and a $100 million Nasdaq PIPE program. It also set aside 150 million S tokens (formerly FTM) to fund the U.S. entity. This would make the S token more accessible to institutional investors, offering compliant entry points and custody standards. Balancing dilution with deflation While the Wall Street playbook brings new opportunities, it also comes with supply risks. In fact, issuance for the ETF, PIPE, and Sonic USA meant near-term dilution. Naturally, Sonic paired this with a fee tweak: on FeeM transactions, 90% to builders, 5% to validators, 5% burned; on non-FeeM, 50% burned, 50% to validators. If activity grows, burns could offset issuance and temper supply pressure. Having said that, results hinge on execution, fee design, and treasury discipline through cycles. Price still heavy, eyes on execution At press time, Sonic’s S token traded at $0.317, slipping 0.8% over the past 24 hours. With a market cap of just over $1 billion…