Sonic Labs has chosen the GSR cryptographic capital market firm as the official market manufacturer for the native token of Sonic Blockchain.
GSR will help Sonic (S) Token win Market Traction when delivering deep liquidity and strategic orientation, said the Sonic Labs team in a advertisement.
In addition to becoming the official partner of the market manufacturer, GSR, a commercial firm founded in 2013 and regulated by the Monetary Authority of Singapore and the United Kingdom Financial Behavior Authority, will offer full support for S.
The association is aimed at the broader decentralized financing, with GSR that will offer support to initial stage projects that are built within the Sonic Defi ecosystem. Sonic Labs says that GSR’s emphasis on transparency is key to this collaboration.
“In the current market, we look for more than only liquidity suppliers,” said Michael Kong, executive director of Sonic Labs. “We are looking for partners who are integrated into the network, contribute to Defi, are directly involved with the projects, support global community events and maintain open and proactive communication. GSR exemplifies this standard.”
Sonic Labs launched The main network of Sonic in December 2024, with the Token S and the transition from the FTM FTM to a 1: 1 exchange in early 2025. Capa-1 block chain It offers compatibility of the Ethereum virtual machine, verifiable 10,000 transactions per second and sub-second purpose.
Meanwhile, GSR’s footprint in the digital asset market includes free sale trade, derivatives and market manufacturing. The firm is also a several stages investor. His latest portfolio investments include SEI, Open Network and Ethena, the synthetic dollar protocol in Ethereum.
In a comment on the association with Sonic Labs, the United States Business Development Chief Alex Taaffe said:
“In GSR, our role goes beyond trade, we are here to help the equipment to climb and build what follows. We support the innovative protocols with liquidity, helping the founders to obtain tokens to the market and encourage sustainable activity in the chain to boost long -term growth. Speed, Sonic infrastructure and the community approach stand out in a significant way.”