Sonic Labs Archives - Today News

Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next?

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Determined to supercharge liquidity, Sonic Labs officially announced GSR as the designated market maker for its native S token on May 22, betting that fresh muscle will revive its DeFi ambitions. We're pleased to welcome @GSR_io, a globally recognized trading firm, as an official market maker for $S. Beyond liquidity, GSR is backing builders and […]

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Sonic Labs Secures Court-Ordered Multichain Liquidation After 0M Hack, Users Await Repayment

Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment

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The High Court of Singapore has approved a winding-up order against Multichain Foundation Ltd., a once-prominent cross-chain infrastructure protocol, following a 2023 security breach that caused over $210 million in user losses. The order, issued on May 9, 2025, came in response to a petition filed by Sonic Labs (formerly the Fantom Foundation), which was

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Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push

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$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for

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