Sonic Labs Secures Community Approval for Historic $200M Traditional Finance Expansion

Sonic Labs has achieved a watershed moment in blockchain-traditional finance integration, with its community overwhelmingly approving a $200 million governance proposal. This landmark decision positions the project among the first major blockchain initiatives to actively pursue regulated financial products while maintaining decentralized governance structures.

The approved plan allocates funds across three strategic initiatives: a Nasdaq-listed investment vehicle, an exchange-traded product, and the establishment of a dedicated U.S. entity. The $100 million PIPE vehicle targets institutional capital, while $50 million will support an ETP tracking S token performance. The remaining $47.7 million will bootstrap Sonic USA LLC operations, including a New York office and executive team.