Sonic Labs Secures $150M to Launch US ETF Drive

- Blockchain firm Sonic Labs has approved a $150 million governance proposal aimed at entering U.S. capital markets. - The initiative includes launching a regulated ETF, investing in a Nasdaq PIPE, and introducing deflationary tokenomics changes. Sonic Labs has approved a $150 million governance proposal, "U.S. Expansion and TradFi Adoption," to bridge blockchain technology with traditional finance. Receiving near-unanimous support from stakeholders, the proposal outlines a comprehensive strategy for the firm to enter U.S. capital markets. On August 31, 2025, The Block reported that the plan is a pivotal step toward attracting institutional investors. The strategy focuses on three major initiatives. First, Sonic Labs will allocate $50 million to launch a regulated exchange-traded fund (ETF) for its native token, "S," and will partner with a leading provider to drive institutional adoption. This move aims to establish "S" as a competitive digital asset in traditional financial markets. Second, the company will use $100 million to support a private investment in public equity (PIPE) on the Nasdaq, creating a strategic reserve of "S" tokens with a minimum three-year lock-up period to ensure long-term market stability and liquidity. To oversee its U.S. expansion, Sonic Labs is establishing Sonic USA LLC, a Delaware-based subsidiary that will handle regulatory compliance and cultivate institutional partnerships. The new entity will also manage the allocation of 150 million "S" tokens earmarked for operational and strategic use in the U.S. market. In addition, the governance proposal updates the company's tokenomics with a new deflationary mechanism. Sonic Labs will implement gas fee burns to directly reduce the circulating supply of "S" tokens, a change aimed at meeting increased institutional demand and enhancing the token’s appeal in a competitive market. The market has already reacted to the announcement. On September 1, at 04:08 UTC, Sonic (S) traded at $0.306. Despite a 4.55% drop in 24-hour trading volume, the company expects the governance proposal to position Sonic Labs prominently in U.S. capital markets.