The altcoin project Sonic (S) has received substantial backing from its community, approving a $150 million token issuance to launch operations in the US. This move comes after the August 20 proposal, titled ‘US Expansion and Traditional Finance Adoption’, gained unanimous support with a staggering 99.9% approval rate. The plan outlines several key initiatives including a $50 million exchange-traded fund (ETF) focused on crypto assets, a $100 million treasury of Sonic tokens to be listed on Nasdaq, and the establishment of a dedicated US entity in New York. The proposal also includes collaboration with a top-tier ETF provider for the launch of a regulated S token-backed ETF. To further support the expansion, the team will establish Sonic USA LLC, employing seasoned professionals in New York to manage engagement with TradFi plans and Washington D.C.