Sonic Labs’ $150M US Expansion and First Regulated ETF
Sonic Labs has secured community approval for a $150 million US expansion, including the launch of its first regulated ETF. Under the “US Expansion and TradFi Adoption” proposal, Sonic Labs will invest $100 million in public capital on Nasdaq through the ETF, while allocating 150 million Sonic tokens to establish a new Sonic USA division. Reserve funds will back token buybacks and freeze assets for at least three years to support market stability. In parallel, a tokenomics update will redistribute commissions and implement gas burning to reduce token supply and boost scarcity. Currently, the Sonic (S) token has a market capitalization of $993 million and trades at around $0.3085, down 3.6% over the past week. Sonic Labs also continues to develop its EVM-compatible Layer-1 blockchain, launched in August 2024, aiming to attract institutional investors and strengthen its presence in traditional finance.
Bullish
The news is bullish for Sonic Labs and the S token. The $150 million US expansion and regulated ETF launch signal strong institutional interest and regulatory approval, similar to the demand surge seen after Bitcoin ETF approvals. Allocating $100 million to a Nasdaq-listed ETF provides a clear on-ramp for traditional investors, likely boosting trading volumes. Token buybacks and a gas-burning tokenomics update will reduce circulating supply, supporting upward price pressure in the short term. Over the long term, establishing Sonic USA and advancing its EVM-compatible Layer-1 blockchain can enhance credibility, attract institutional partnerships and improve network utility. While regulatory steps may take time, Sonic Labs’ focus on TradFi integration and supply scarcity positions the project for sustained growth, making this a potential catalyst for renewed buying interest and improved market stability.