Sonic Labs announces $10M token sale to Galaxy for U.S. expansion, enhancing its DeFi ecosystem with critical support.
Amount Raised
$10 Million
Round Type
Initial Coin Offering
George TownBlockchainCryptocurrencyInvestors
Description
Sonic Labs completed a $10 million strategic sale of its S token to Galaxy during its Sonic Summit in Vienna. This investment will strengthen Sonic Labs's position in the U.S. market and support its decentralized finance development. The partnership is a significant milestone, aiming to bridge traditional finance and blockchain infrastructure
Quick answer
Sonic Labs raised $10 Million in a Initial Coin Offering round, dated May 12, 2025. Investors: Galaxy. Sonic Labs is based in George Town, Grand Cayman, Cayman Islands.
- How much did Sonic Labs raise?
- Sonic Labs raised $10 Million in a Initial Coin Offering round on May 12, 2025.
- Who invested in Sonic Labs?
- Galaxy is named as investors in this round.
- What does Sonic Labs do?
- Sonic is an EVM layer-1 blockchain platform that offers developers attractive incentives and advanced infrastructure, powering the next generation of decentralized applications.
- Where is Sonic Labs based and how big is it?
- Sonic Labs is based in George Town, Grand Cayman, Cayman Islands.
- Who are the decision-makers at Sonic Labs?
- Fundz holds 1 contact at Sonic Labs, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Sonic Labs that raised within 45 days of this round, from Fundz verified event records.
- Jarsy raised $5M (Pre-Seed) on June 26, 2025.
- Byzanlink raised $1M (Seed) on June 26, 2025.
- Sahi raised $11M (Series A) on June 25, 2025.
- Digital Asset Acquisition raised $135M (Funding Round) on June 24, 2025.
- American Bitcoin raised $220M on June 24, 2025.
- GTE raised $15M (Series A) on June 23, 2025.
Who to call at Sonic Labs, and when
A new round usually means Sonic Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sonic Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sonic Labs, from your own LinkedIn network
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Related People
Sonic Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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