Solana News Today: Safety Shot Acquires 10% Revenue Stake in Bonk.fun for $25M BONK Treasury Boost

Safety Shot, a publicly traded company listed on Nasdaq, has acquired a 10% revenue stake in Bonk.fun, one of the largest memecoin launchpads on the Solana blockchain. As part of the agreement, Safety Shot will receive $25 million worth of BONK tokens for its corporate treasury, aligning the firm directly with the platform’s growth [1]. Bonk.fun generated over $35 million in user fees in July, making it the highest-earning memecoin launchpad on the network during that period, according to DeFiLlama [1].

The platform dominates a significant portion of Solana’s daily new token launches, with peak days seeing more than 20,000 tokens deployed and daily trading volumes surpassing $100 million [1]. As part of the transaction, Safety Shot will issue preferred shares that are convertible into common stock. The company will also reinvest approximately 90% of its revenue from BONK.fun back into BONK tokens, reinforcing its long-term commitment to the asset [1].

The BONK token, currently the fourth-largest memecoin by market capitalization with a valuation of $2 billion, has over 980,000 on-chain holders and is integrated into more than 400 Solana-based applications, including DeFi platforms, gaming projects, and consumer-facing products [1]. Bonk.fun consistently ranks among the top 10 decentralized applications globally in terms of revenue, highlighting its growing influence in the crypto ecosystem.

CEO Jarrett Boon emphasized that this integration is not merely a cryptocurrency purchase but an acquisition of a stake in “a highly profitable engine” within the digital asset space [1]. The move represents a strategic shift from traditional corporate practices of simply holding crypto on balance sheets to gaining equity-like exposure in a revenue-generating asset. For Safety Shot, this introduces a recurring income stream tied directly to the performance of the BONK ecosystem [1].

The deal also strengthens Safety Shot’s financial position. The company has cleared its debt and holds more than $15 million in cash, providing flexibility to execute its strategic vision [1]. By formalizing its involvement with BONK, Safety Shot aims to enhance investor confidence and align the project with more traditional corporate governance structures.

This development reflects a broader trend in the crypto industry, where community-driven projects are increasingly adopting institutional-grade financial frameworks to ensure long-term sustainability. The company did not disclose the identities of institutional investors in this round but highlighted the issuance of preferred shares as a key component of its strategy to scale responsibly [2].

Source:

[1]title1: Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

url1: https://www.coindesk.com/markets/2025/08/08/solana-memecoin-bonk-gets-a-usd25m-corporate-treasury-boost

[2]title2: Safety Shot Announces Strategic Alliance with Bonk Founding...

url2: https://www.stocktitan.net/news/SHOT/safety-shot-announces-strategic-alliance-with-bonk-founding-n095kizt1uyu.html