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September 1, 2025Coinpaper logoCoinpaper

Sonic Labs Plans $150M US Expansion and Launches 1st Regulated ETF

Quick Highlights Sonic plans $150M US expansion and ETF launch. 150M Sonic tokens to develop ￰0￱ update makes Sonic scarcer and more ￰1￱ Labs Targets US Market with ETF and Token Expansion Sonic Labs has received community approval to enter the ￰2￱ markets and launch a regulated exchange-traded fund (ETF). The developers aim to raise $150 million to strengthen their presence in traditional finance and increase the appeal of the Sonic (S) ￰3￱ Initiatives and Token Strategy The August 20, 2025 proposal, titled “US Expansion and TradFi Adoption,” outlines two key initiatives. First, Sonic plans to create an ETF with a provider and privately invest $100 million in public capital on ￰4￱ funds will support token buybacks and stabilize value, with assets frozen for at least three years.

Second, Sonic Labs is forming a Sonic USA division, hiring regional managers, and investing another 150 million Sonic tokens into developing its ￰5￱ company emphasizes its bet on institutional demand, drawing attention from ￰6￱ and ￰7￱ Update and Market Performance The developers also announced a tokenomics ￰8￱ of commissions and Gas Burning will make the Sonic asset scarcer, potentially boosting ￰9￱ to CoinGecko, Sonic Labs has a market capitalization of $993 million, with the token currently trading around $0.3085, down 3.6% over the past seven ￰10￱ parallel, Sonic Labs continues to develop its EVM-compatible first-level blockchain, launched in August 2024, further expanding the project’s technical and institutional appeal.

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