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
1 min di lettura
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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.

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