JUST In: Spetz Inc. has kicked off its digital asset strategy by buying 3.35M $S tokens in its first week, spending $1.87M CAD at an avg. price of $0.56 CAD each. The company now holds 3.9M tokens and says it's fully shifting focus to the @SonicLabs blockchain. https://t.co/26Js3Rf6NW
Spetz Inc., the parent company of SonicStrategy Inc., announced the completion of its first week of strategic digital asset accumulation, acquiring 3.35 million Sonic blockchain native tokens (S) at an average cost of 0.56 CAD (0.41 USD), totaling 1.87 million CAD, bringing the
🚨BREAKING: $13B EUROPEAN FUND MANAGER APS MAKES FIRST INSTITUTIONAL PURCHASE OF RETAIL TOKENIZED REAL ESTATE—BUYS $3.4M IN ITALIAN PROPERTY ON SOLANA VIA @MetaWealth!!!🚨 https://t.co/K1vFuMNg4e
Sonic Labs has announced a large-scale airdrop of its S token, making U.S. residents eligible to participate. The airdrop, totaling approximately 200 million S tokens, is one of the first major crypto distributions to include U.S. users. The airdrop is structured around a gamified points system, rewarding users and developers for on-chain activity within the Sonic ecosystem. Participants can earn Sonic Points and Sonic Gems by holding or using whitelisted assets and engaging with supported decentralized finance (DeFi) applications on the Sonic blockchain. Assets must be held in non-custodial wallets, and assets on centralized exchanges are ineligible. The claim process is expected to begin around December. Sonic Labs, which evolved from the Fantom network and rebranded in 2024, aims to incentivize ecosystem participation through this distribution. The total allocation for the airdrop is specified as 190,500,000 S tokens. Separately, Spetz Inc., the parent company of SonicStrategy Inc., has begun a strategic accumulation of S tokens, acquiring 3.35 million tokens in its first week at an average cost of 0.56 CAD (0.41 USD) per token, totaling 1.87 million CAD. Spetz Inc. now holds 3.9 million S tokens and has indicated a full shift in focus to the Sonic Labs blockchain.