on Spetz Inc. (NASDAQ:DBKSF)
SonicStrategy Expands Sonic Network with New Token Acquisition
SonicStrategy Inc., a subsidiary of Spetz Inc., has significantly expanded its presence in the Sonic blockchain ecosystem. Over the past week, the company acquired 1.2 million Sonic tokens, investing $520,000 CAD, increasing its holdings to over 7.2 million tokens. This move is part of an ongoing strategy to build long-term exposure in the Sonic sphere.
The company is actively deploying tokens into DeFi strategies within the Sonic ecosystem, yielding annual returns between 9% and 14%. These strategies aim to enhance capital efficiency while bolstering liquidity at the protocol level.
The company's Sonic network validator has seen increased adoption, with 3.7 million tokens delegated by independent holders, contributing to a total of 10.9 million tokens actively engaged in infrastructure and yield strategies.
R. H.
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