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BTCC / BTCC Square / Global Cryptocurrency /
Sonic Labs DAO Approves $150M Sonic ETF Launch to Bridge Crypto with US Capital Market

Sonic Labs DAO Approves $150M Sonic ETF Launch to Bridge Crypto with US Capital Market

Author:
Global Cryptocurrency
Published:
2025-09-01 17:30:01
9
1
BTCCSquare news:

Sonic Labs DAO, a decentralized autonomous organization governing the Sonic blockchain ecosystem, has greenlit a $150 million initiative to list its native S token on U.S. capital markets through an ETF structure. The proposal, passed after a community vote concluding August 31, 2025, marks a strategic push to merge crypto assets with traditional finance.

The plan allocates $50 million for liquidity and operations while earmarking $100 million for a Nasdaq-listed vehicle. BitGo will provide institutional-grade custody solutions, ensuring compliance for traditional investors seeking exposure to Sonic's network. This MOVE mirrors growing institutional demand for regulated crypto investment products.

|Square

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