GSR Named Official Market Maker for Sonic (S) Token
Sonic Labs has selected GSR, a regulated crypto capital markets firm, as the official market maker for its native token S. The partnership aims to enhance liquidity and provide strategic support for the token’s market adoption.
GSR, founded in 2013 and regulated by the Monetary Authority of Singapore and the UK’s Financial Conduct Authority, will offer full-stack support for S. The collaboration extends to Sonic’s DeFi ecosystem, with GSR providing guidance for early-stage projects.
Transparency remains a cornerstone of the partnership. "In today’s market, we look for more than just liquidity providers," said a Sonic Labs representative, underscoring the strategic value of the alliance.