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  3. Limited Treasury, Big Vision: Sonic Labs Proposal Receives Overwhelming Support

Limited Treasury, Big Vision: Sonic Labs Proposal Receives Overwhelming Support

The Sonic Labs proposal received overwhelming support from the community. For more detailed information about the proposal, please visit the CDS.

Limited Treasury, Big Vision: Sonic Labs Proposal Receives Overwhelming Support
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Sonic Labs Proposal: The Goal is US Financial Integration!

Sonic Labs Proposal: The Goal is US Financial Integration!

Sonic Labs’ first significant governance proposal has received overwhelmingly positive community feedback. Through institutional alliances, new financial products, and a dedicated American organization, the proposal opens the door for the project’s development into the U.S. capital markets. The move comes as Sonic tackles issues that have existed since its inception as Fantom. Following a community-led takeover, Fantom and later Sonic held just 3% of the token supply, in contrast to many competing blockchains that kept up to 80%. Due to its restricted treasury flexibility, Sonic was unable to pursue partnerships, listings, and capital market options.

Sonic Labs Secures Community Backing for Bold U.S. Expansion Strategy

From August 20 to August 31, the poll was held on Snapshot, and the Sonic community participated in large numbers. In support of the proposition, around 860 million S tokens were cast, more than the 700 million needed for a quorum. The measure was eventually approved with a 99.99% acceptance rate. In order to finance its expansion, the decision permits Sonic Labs to issue fresh $S tokens valued at $150 million.

$100 million will be used to assist a NASDAQ private investment in a public equity vehicle, and $50 million will be used to support an exchange-traded product (ETP/ETF) that is listed in the United States. Furthermore, the launch of Sonic USA LLC has been allocated 150 million tokens. In addition to hiring a U.S.-based CEO and a team dedicated to business development and capital markets, the Delaware-based subsidiary will open an office in New York.

Sonic USA Launch to Boost Institutional Adoption and Regulatory Alignment

The U.S. initiative puts Sonic in a position to bridge the gap between traditional and decentralized financing. In order to establish a regulated investment vehicle, plans call for collaborating with BitGo for custody and a premier ETF provider. The PIPE allocation also seeks to match Sonic with NASDAQ-listed businesses that have a long-term belief in its expansion. It is anticipated that the creation of Sonic USA will accelerate institutional engagement, regulatory alignment, and S acceptance in traditional finance.

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Limited Treasury, Big Vision: Sonic Labs Proposal Receives Overwhelming Support
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