ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

2025 Recap

PANews reported on December 31 that Sonic Labs has announced an update, stating that it has invested in SonicStrategy through convertible bonds, representing 126PANews reported on December 31 that Sonic Labs has announced an update, stating that it has invested in SonicStrategy through convertible bonds, representing 126

Sonic Labs extends the maturity of bonds linked to SonicStrategy to advance its Nasdaq listing process.

2025/12/31 20:28

PANews reported on December 31 that Sonic Labs has announced an update, stating that it has invested in SonicStrategy through convertible bonds, representing 126 million S tokens, with an initial valuation of $40 million. This investment aims to support validator operations and ecosystem growth. If a Nasdaq listing is not achieved, the tokens will be returned and burned. Due to market downturn, the bond term has been extended by three years. SonicStrategy has already raised $9 million and has never sold any S tokens. This model aims to bridge traditional capital markets with on-chain participation, drawing on precedents such as SOL Strategies to create a compliant and sustainable market access path.

Market Opportunity

Sonic SVM Price(SONIC)

$0.07355

$0.07355$0.07355

-2.40%

USD

Sonic SVM (SONIC) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.