US EditionSonic Labs Announces $10M Token Sale to Galaxy for U.S. Expansion - Tech Startups
- On May 12, 2025, Sonic Labs revealed that Galaxy Digital had invested $10 million through the acquisition of its S token, marking a key development in their partnership, announced in George Town, Cayman Islands.
- The sale follows growing institutional demand for blockchain infrastructure that can support enterprise-level needs and capitalize on accelerating adoption.
- Galaxy Digital, a prominent firm specializing in digital asset services and data center operations, leverages a network of more than 1,300 institutional trading partners to facilitate connections across markets in the U.S. And Asia.
- This investment strengthens Sonic Labs's U.S. Market presence and supports its decentralized finance ecosystem, as CEO Michael Kong emphasized the value of Galaxy beyond capital.
- This collaboration is set to boost Sonic Labs’s growth in the U.S. Market and is poised to impact the DeFi ecosystem widely amid a critical phase of industry expansion.
17 Articles
17 Articles
Sonic Labs Secures $10 Million in Strategic Token Sale to Galaxy
The post Sonic Labs Secures $10 Million in Strategic Token Sale to Galaxy appeared on BitcoinEthereumNews.com. Advertisement Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Sonic Labs, a high-performing EVM blockchain…
Sonic Labs Confirms $10M Token Sale to Galaxy to Support U.S. Market Expansion
Sonic Labs sold $10M in S tokens to Galaxy for U.S. expansion. Galaxy’s 1,300-institution network supports Sonic’s DeFi integration. Sonic’s EVM-based infrastructure targets enterprise blockchain demand. Sonic Labs has closed a $10M strategic token sale to Galaxy, a global company specializing in digital assets and infrastructure. The announcement was made at the Sonic Summit, which took place in Vienna between May 6 and May 8 in 2025. The deal …
Sonic Labs Strengthens U.S. Presence with $10M Strategic Token Sale to Galaxy
Quick take: The strategic alliance with Galaxy comes amid the continued institutional adoption of digital assets. Sonic Labs plans to leverage Galaxy’s network of over 1,300 institutional trading companies to bridge the gap between traditional finance and high-performance blockchain infrastructure. Sonic Labs has announced a $10 million strategic investment from Galaxy. The company initially announced the funding at Sonic Summit in Vienna, Aust…
Sonic Labs Secures $10 Million Investment From Galaxy to Expand U.S. DeFi Ecosystem
Sonic Labs Announces $10M Investment From Galaxy to Accelerate U.S. Expansion Sonic Labs, a prominent player in the decentralized finance (DeFi) space, has successfully completed a $10 million token sale led by Galaxy, a global leader in digital assets. This investment marks a major milestone in Sonic Labs’ expansion strategy, focusing on strengthening its presence in the U.S. market and advancing its blockchain solutions. The announcement was m…
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