Sonic governance proposal recommends to allocate $150 million to ETF / NASDAQ DAT and $50 million to launch Sonic US

Sonic Labs has put forward a governance proposal to fund a U.S. expansion plan centered on regulated-market access for its $S token, including an exchange-traded fund, a Nasdaq-linked digital asset treasury structure, and a new Sonic USA entity. The proposal would be financed by issuing about $150 million in additional tokens, with the stated aim of building U.S. institutional relationships, liquidity, and operational presence. According to Sonic Labs, the proposal also contemplates a further $50 million in $S only if final ETF terms are agreed, and it would support a U.S.-focused team and a New York presence through Sonic USA. The significance of the plan is that it marks a major attempt by a blockchain project to enter U.S. capital markets through structures familiar to traditional finance, while also raising concerns among some holders about dilution from the new token supply.

✨ AI-generated background, compiled from web sources — not editorial content.

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