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Sonic Labs Announces $10M Token Sale To Galaxy For U.S. Expansion

  • Sonic Labs announced a $10 million strategic sale of its S token to Galaxy at the Sonic Summit in Vienna.
  • The investment from Galaxy strengthens Sonic Labs's position in the U.S. market and supports its decentralized finance ecosystem development.
  • The partnership with Galaxy aims to accelerate Sonic Labs's market penetration in the U.S. and enhance its DeFi offerings in the region.
  • The investment is expected to have significant implications for the broader DeFi ecosystem and demonstrates growing institutional confidence in blockchain technology.

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