Sonic Labs Expands into U.S., Aims to Drive TradFi Integration

Sonic Labs has taken a decisive step forward by securing approval for its expansion into the U.S. market and adoption of traditional finance (TradFi) strategies. The company’s plan, outlined through BlockBeats, entails establishing Sonic USA LLC as the gateway to operations within the United States. This initiative involves recruiting a CEO and a full team dedicated to driving Sonic USA’s success, setting up an office in New York City, and implementing performance-based incentives for employees. Furthermore, Sonic Labs is exploring strategies to strengthen long-term deflation through a unique gas fee mechanism. Network parameters are being adjusted to facilitate the issuance of tokens for a $50 million ETF allocation, a $100 million Nasdaq PIPE development, and the allocation of 150 million S tokens reserved specifically for Sonic USA. This plan offers flexibility as all adjustments can be revisited or rejected.