Sonic Labs Teams Up with GSR to Supercharge Sonic Token!

GSR Steps Up as Official Market Maker for Sonic's Native Token

Hang onto your hats, crypto fans! Sonic Labs just dropped a bombshell by naming GSR, the powerhouse in crypto capital markets, as the official market maker for their native Sonic (S) token. Get ready for some serious action!

GSR isn't just playing around—they're bringing the heat with deep liquidity and some killer strategic guidance to catapult the S token into the stratosphere. Sonic Labs is buzzing with excitement about this game-changing move.

But wait, there's more! GSR, founded back in 2013 and rocking regulatory nods from the Monetary Authority of Singapore and the UK's Financial Conduct Authority, isn't just stopping at market making. They're diving in with full-stack support for the S token. Talk about going all in!

This partnership isn't just about Sonic. It's a full-on blitz aimed at the wild world of decentralized finance (DeFi). GSR's ready to back up early-stage projects building within Sonic's DeFi ecosystem. Sonic Labs is all about GSR's transparency, and it's the cornerstone of this epic collaboration.

Michael Kong, the CEO of Sonic Labs, isn't holding back: "In today's market, we're not just looking for liquidity providers. We want partners who are in the thick of it, contributing to DeFi, rolling up their sleeves with projects, hitting up global community events, and keeping the lines of communication wide open. GSR? They're the real deal."

Get this—Sonic Labs launched the Sonic mainnet back in December 2024, and the S token is set to take over from Fantom's FTM token at a 1:1 swap early next year. This layer-1 blockchain is no joke, offering Ethereum Virtual Machine compatibility, a mind-blowing 10,000 transactions per second, and sub-second finality. Buckle up!

And let's not forget about GSR—they're making waves in the digital asset scene with over-the-counter trading, derivatives, and market making. These folks are also multi-stage investors, with their latest portfolio including heavy-hitters like Sei, The Open Network, and Ethena, the synthetic dollar protocol on Ethereum. They're everywhere!

Alex Taaffe, GSR's head of U.S. business development, is all in on this partnership: "At GSR, we're not just traders—we're here to help teams scale and build the future. We're all about supporting innovative protocols with liquidity, getting founders ready to rock with their tokens, and driving sustainable on-chain action for long-term growth. Sonic's speed, infrastructure, and community-first vibe? It's next-level stuff."