Sonic Labs Secures $10M Strategic Investment from Galaxy for U.S. Expansion
Sonic Labs has finalized a $10 million strategic sale of its S token to Galaxy, a major player in digital assets and infrastructure. The deal, announced during the Sonic Summit in Vienna, underscores Sonic Labs’ aggressive push into the U.S. market and bolsters its DeFi ecosystem development.
The partnership with Galaxy arrives as institutional adoption of blockchain technology gains momentum. Leveraging Galaxy’s network of over 1,300 institutional clients, Sonic Labs aims to accelerate its U.S. market penetration and refine its DeFi offerings.