Sonic Labs Commits $40M to SonicStrategy as It Eyes Nasdaq Listing, U.S. Expansion

coindesk.com/business/2025/09/02/sonic-labs-commits-usd40m-to-sonicstrategy-as-it-eyes-nasdaq-listing-u-s-expansion

, doing business as SonicStrategy, has announced It’s receiving $40 million in convertible funding from the foundation behind the Sonic blockchain, Sonic Labs.
The financing comes in the form of a six-month, zero-coupon convertible note issued in Sonic’s native S tokens. If SonicStrategy…

This story appeared on coindesk.com, 2025-09-02 16:09:50.
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