Sonic Labs Aligns with GSR for Market Support
Sonic Labs has teamed up with GSR, a leading crypto capital markets firm, to boosting the Sonic blockchainS native token.GSR will enhance S tokenâs market performance by offering deep liquidity and strategic advice.
GSR, established in 2013 and regulated by major financial authorities, will provide complete support for Sonic (S). This includes enhancing decentralized finance (DeFi) efforts. GSRâs commitment to transparency was a key factor in this partnership.
Michael Kong,CEO of Sonic Labs,emphasized the importance of collaborators who are deeply involved in the network. âWe seek partners who contribute to DeFi, engage with projects, and maintain open dialog,â he said. GSR meets these standards.
Sonic Labs launched its mainnet in December 2024, transitioning from Fantomâs FTM token in early 2025. The blockchain boasts fast transaction speeds and EVM compatibility.
GSR specializes in over-the-counter trading,derivatives,and market making.Notably, theyâve invested in major projects like Sei and The Open Network. Alex Taaffe from GSR stated, âWe support innovative protocols with liquidity and help founders get their tokens ready for the market.â