Sonic Labs Secures $10M Investment from Galaxy to Fuel U.S. Expansion

In Brief:

Sonic Labs sold $10 million worth of S tokens to Galaxy as part of a strategic deal.

The partnership aims to accelerate Sonic’s U.S. market entry and strengthen its DeFi offerings.

Sonic Labs has announced a strategic token sale, raising $10 million through the sale of its native S tokens to Galaxy. The investment marks a key milestone in Sonic Labs’ roadmap as it eyes aggressive expansion into the U.S. market.

According to the announcement, the partnership with Galaxy is expected to fast-track Sonic Labs’ growth in the region, particularly by enhancing its decentralized finance (DeFi) capabilities. The deal not only brings capital but also strategic alignment with Galaxy, a major player in digital asset investment and infrastructure.

Sonic Labs, known for its high-speed Layer-1 blockchain, has been scaling rapidly and attracting attention for its performance and network design. This new funding is positioned to support the next phase of product development, ecosystem growth, and regulatory entry in the U.S. market.

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