Sonic Labs Secures $200M for Nasdaq and ETP Expansion: Token Price Poised for Breakout

Sonic Labs has secured a significant investment of $200 million to expand into the traditional finance (TradFi) markets, including listings on Nasdaq and exchange-traded products (ETPs). This move marks a significant shift in the company’s strategy, aiming to leverage TradFi to boost crypto adoption rather than relying on decentralized methods. 99.99% of S token holders approved the proposal, signaling strong community support for the expansion.