AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Sonic Labs, a leading blockchain infrastructure provider, has announced the completion of a $10 million strategic token sale to Galaxy, a global leader in digital assets and data center infrastructure. The sale, which took place during
Labs' Sonic Summit in Vienna from May 6-8, 2025, marks a significant milestone in Sonic Labs' expansion into the US market and its commitment to developing a robust DeFi (decentralized finance) ecosystem.The strategic investment from Galaxy is expected to accelerate Sonic Labs' market penetration in the United States while enhancing its DeFi offerings in the region. This partnership comes at a pivotal moment for the blockchain industry as institutional adoption continues to accelerate. By leveraging Galaxy’s extensive network of over 1,300 institutional trading counterparties,
aims to bridge the gap between traditional finance (TradFi) and its high-performance blockchain infrastructure.Michael Kong, CEO of Sonic Labs, highlighted the value of having Galaxy as a strategic investor, noting that their connections and insights across the US and Asia markets will be very beneficial to the Sonic ecosystem. This collaboration is expected to have significant implications for the broader DeFi ecosystem, as institutions increasingly seek blockchain infrastructure that can handle enterprise-level demands. Sonic Labs’ high-performance EVM compatibility offers a compelling solution, signaling growing institutional confidence in blockchain’s ability to transform financial infrastructure while maintaining the security and reliability standards expected in regulated markets.
Galaxy, headquartered in New York City, is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and AI (artificial intelligence). Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. Additionally, Galaxy invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the US.
Sonic Labs, known for its high-performance EVM blockchain, combines speed, incentives, and world-class infrastructure for DeFi, powered by the S token. This strategic partnership with Galaxy is set to strengthen Sonic Labs' position in the US market and provide critical support for its DeFi ecosystem development, paving the way for further innovation and growth in the blockchain industry.

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet