PANews, May 8 - According to official news, Sonic Labs announced the completion of a $10 million strategic financing for its S token, led by Galaxy. This collaboration will accelerate Sonic Labs' expansion in the U.S. market and provide critical support for the development of its DeFi ecosystem. The aim of this partnership is to bridge traditional finance with Sonic's high-performance blockchain infrastructure through its resources. Sonic Labs CEO Michael Kong stated that Galaxy's involvement will bring important market insights and resources to the ecosystem. This collaboration also reflects institutional confidence in the ability of blockchain technology to transform financial infrastructure.
