Sonic Labs Secures Major Funding for U.S. Expansion with $150M Governance Vote

Sonic Labs, the team behind the high-performance Layer-1 blockchain that evolved from Fantom, has secured overwhelming community support for its first major governance proposal. The vote authorizing a $150 million issuance will fund its expansion into the U.S. capital markets, paving the way for new financial products, institutional partnerships, and a dedicated American entity.