Sonic Labs has received community approval to enter US capital markets with plans for a regulated exchange-traded fund (ETF) and expansion of its operations in the US.
Plans for US Market Entry and ETF Launch
Sonic Labs has received community approval to enter the US capital markets and launch a regulated ETF. The developers aim to raise $150 million to strengthen their presence in traditional finance and increase the appeal of the Sonic (S) token.
Key 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 Nasdaq. Reserve 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 U.S. operations.
Tokenomics Update and Market Performance
The developers also announced a tokenomics update. Redistribution of commissions and Gas Burning will make the Sonic asset scarcer, potentially boosting value. According 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 days. In 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.
Sonic Labs is actively working to strengthen its position in the US market, which could significantly impact its business and tokenomics in the long term.