Sonic Labs has announced its strategy for expanding into the U.S. capital markets with a $150 million investment.
Approval for $150 Million Expansion
Sonic Labs has successfully passed its first governance proposal, initiating a $150 million expansion into U.S. traditional capital markets. This move is recognized as a major step towards connecting decentralized finance with Wall Street frameworks.
Launch of ETF and Nasdaq PIPE
The initiative involves the launch of a U.S.-listed ETF and strategy for creating a Nasdaq PIPE. These changes aim to foster growth and attract institutional investments through new regulatory-compliant structures.
Formation of Sonic USA LLC for Regulatory Compliance
The establishment of Sonic USA LLC in New York is intended to ensure regulatory compliance. The company plans to collaborate with key financial institutions to enhance its feasibility within regulated U.S. markets.
Sonic Labs' expansion into the U.S. capital markets marks a significant step for decentralized finance and opens new avenues for institutional engagement in traditional economies.
