Latest news with #SonicLabs
Business Insider
13-06-2025
- Business
- Business Insider
Sonic Expands InfoFi Infrastructure with Bubblemaps V2
George Town, Cayman Islands, June 13th, 2025, Chainwire Sonic is integrating Bubblemaps V2 to provide its users with deeper visibility into wallet behavior and token flows — a move that aligns with growing demand for onchain intelligence. The move comes as onchain trading accelerates, with users navigating increasingly complex market dynamics—from rapid token launches to high-volume DEX activity. By expanding its InfoFi infrastructure, Sonic provides its community with the tools to explore, analyze, and assess market behavior with greater clarity. Michael Kong, CEO of Sonic Labs, said: 'We're seeing a shift in how users interact with blockchains — not just to transact, but to understand. Access to visual analytics makes it easier for users to follow value flows and trading patterns across Sonic, particularly as onchain activity becomes more fast-paced and public.' Bubblemaps V2 enables users to track token distribution over time and examine wallet interactions, offering a clearer picture of ecosystem dynamics. Features like Time Travel and Magic Nodes support deeper insight into token lifecycles and wallet patterns. While Bubblemaps V2 is the technical layer, the underlying move reflects a broader shift: Sonic is positioning itself for an era where visibility and accountability become foundational expectations for any blockchain infrastructure. Nicolas Vaiman, CEO of Bubblemaps, added: 'InfoFi isn't just tooling, it's becoming infrastructure. Sonic is aligning with this new paradigm, putting intelligence where it matters the most: onchain.' As regulation tightens and more economic activity shifts onchain, infrastructure that supports clarity, traceability, and decision-making will become essential. Sonic is anticipating a future where transparency and insight are no longer optional — and is adjusting its infrastructure to reflect that shift. Bubblemaps V2 is now live on Sonic. Explore: About Bubblemaps Bubblemaps is the visual layer of InfoFi, the onchain intelligence stack redefining how blockchain data is interpreted. Its platform powers real-time visualizations of token flows, wallet clusters, and insider activity—giving traders, funds, and protocols a clear edge in market analysis and risk detection. About Sonic Labs Sonic is the highest-performing EVM blockchain, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. The network achieves sub-second finality with up to 400,000 transactions per second. At the heart of Sonic's incentive model is Fee Monetization, a system that lets developers earn 90% of the network fees generated by their apps. Inspired by Web2 ad-revenue sharing models, FeeM rewards developers for driving usage, growth, and real activity. Contact Sonic Labs
Yahoo
16-05-2025
- Business
- Yahoo
Spetz Announces Strategic Partnership with Sonic Labs Ahead of Closing Their Current Financing Round
TORONTO, ON / / May 14, 2025 / Spetz Inc. (the "Company" or "Spetz") (CSE:SPTZ)(OTC PINK:DBKSF) is pleased to announce a strategic collaboration with Sonic Labs, the core development team behind the Sonic blockchain. As part of this collaboration, Sonic Labs will be making a direct investment into Spetz Inc, the parent company of SonicStrategy. Sonic Labs will also be assisting with cross-marketing efforts and several other strategic collaborative initiatives aimed at expanding awareness, adoption, and institutional participation in the Sonic ecosystem. This partnership further validates the Company's long-term vision and comes alongside strong institutional participation in the current financing round. Notable participants include Canaccord Genuity, Haywood Securities, and a number of well-known high-net-worth and family office investors. The Company expects to close the round imminently, with interest surpassing initial expectations and expects to deploy capital immediately into validator expansion and ecosystem growth initiatives across the Sonic ecosystem. SonicStrategy, a wholly owned subsidiary of Spetz, is building a public-market gateway into the Sonic ecosystem, providing institutional investors with strategic exposure to Sonic through staking infrastructure and compliant DeFi participation. Spetz Inc CEO Mitchell Demeter on stage at the Sonic Summit in Vienna May 8th, 2025 "We're excited to align with the Sonic Labs team and integrate directly into their infrastructure. This relationship significantly enhances our ability to scale validator operations and deepen our footprint across the Sonic ecosystem," said Mitchell Demeter, CEO of Spetz and SonicStrategy. Michael Kong, CEO of Sonic Labs, added: "We're pleased to support Spetz and SonicStrategy as they bring institutional visibility and access to the Sonic ecosystem. Their approach aligns with our vision of scaling Sonic adoption across both Web3 and traditional markets." Further updates will be provided following the close of the financing. About Sonic LabsSonic Labs is the core development team behind the Sonic blockchain, a high-performance, EVM-compatible Layer 1 built for DeFi and real-world applications. With sub-second finality, low fees, and a fast-growing ecosystem of applications and developers, Sonic is quickly establishing itself as one of the most scalable and accessible blockchains in the market. The team includes pioneers in DeFi and blockchain infrastructure, including Andre Cronje, and is supported by a vibrant global community. About Spetz Inc. Spetz Inc. is a multinational technology company operating at the intersection of AI-driven marketplaces and blockchain infrastructure. The Company owns and operates the Spetz application, an AI-powered platform connecting consumers with service providers, as well as SonicStrategy, a blockchain staking and infrastructure company supporting the Sonic ecosystem. Company Contacts Mitchell Demeter, Spetz Inc CEOEmail: mitchell@ +1-345-936-9555 NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Note Regarding Forward-Looking Statements Certain information herein constitutes "forward-looking information" under Canadian securities laws, reflecting management's expectations regarding objectives, plans, strategies, future growth, results of operations, and business prospects of the Company. Words such as "plans," "expects," "intends," "anticipates," "believes," and similar expressions identify forward-looking statements, which are qualified by the inherent risks and uncertainties surrounding future expectations. Forward-looking statements are based on a number of estimates and assumptions that, while considered reasonable by management, are subject to business, economic, and competitive uncertainties and contingencies. The Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected outcomes. Factors influencing these outcomes include economic conditions, regulatory developments, competition, capital availability, and business execution risks. The forward-looking information contained in this release represents Spetz's expectations as of the date of this release and is subject to change. Spetz does not undertake any obligation to update forward-looking statements, except as required by law. This press release does not constitute an offer to sell or solicit an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful. None of the securities issued in connection with the acquisition will be registered under the United States Securities Act of 1933, and they may not be offered or sold in the United States absent registration or an applicable exemption. We seek Safe Harbor. SOURCE: Spetz Inc. View the original press release on ACCESS Newswire
Yahoo
16-05-2025
- Business
- Yahoo
Spetz Retracts and Clarifies its News Release From May 14th
TORONTO, ON / / May 15, 2025 / Spetz Inc. (the "Company" or "Spetz") (CSE:SPTZ)(OTC:DBKSF) at the request of CIRO the Company wishes to retract the news release dated May 14 titled "Spetz Announces Strategic Partnership with Sonic Labs Ahead of Closing Their Current Financing Round". Spetz and Sonic Labs have engaged in ongoing discussions regarding potential areas of collaboration and have verbal commitments, nothing has been signed and there can be no guarantee the partnership will proceed. These discussions culminated in a verbal agreement in early May 2025 to work together on a non-binding basis to grow institutional awareness, participation, and infrastructure support for the Sonic ecosystem. No commercial consideration has been exchanged. Sonic Labs has confirmed its intention to participate in Spetz's current private placement financing. The transaction has not yet closed. The Company will provide a further update on the status of the private placement. There is no guarantee that the private placement will close. About Spetz Inc. is a multinational technology company operating at the intersection of AI-driven marketplaces and blockchain infrastructure. The Company owns and operates the Spetz application, an AI-powered platform connecting consumers with service providers, as well as SonicStrategy, a leading blockchain staking and infrastructure business. About Sonic LabsSonic Labs is the core development team behind the Sonic blockchain, a high-performance, EVM-compatible Layer 1 built for DeFi and real-world applications. With sub-second finality, low fees, and a rapidly growing ecosystem of developers and applications, Sonic is quickly establishing itself as one of the most scalable and accessible blockchains in the market. The team includes pioneers in DeFi and blockchain infrastructure, including Andre Cronje, and is supported by a global developer and investor community. Company ContactsMitchell Demeter, Spetz Inc CEOEmail: mitchell@ +1-345-936-9555 Forward-Looking Statements NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Note Regarding Forward-Looking Statements Certain information herein constitutes "forward-looking information" under Canadian securities laws, reflecting management's expectations regarding objectives, plans, strategies, future growth, results of operations, and business prospects of the Company. Words such as "plans," "expects," "intends," "anticipates," "believes," and similar expressions identify forward-looking statements, which are qualified by the inherent risks and uncertainties surrounding future expectations. Forward-looking statements are based on a number of estimates and assumptions that, while considered reasonable by management, are subject to business, economic, and competitive uncertainties and contingencies. The Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected outcomes. Factors influencing these outcomes include economic conditions, regulatory developments, competition, capital availability, and business execution risks. The forward-looking information contained in this release represents Spetz's expectations as of the date of this release and is subject to change. Spetz does not undertake any obligation to update forward-looking statements, except as required by law. This press release does not constitute an offer to sell or solicit an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful. None of the securities issued in connection with the acquisition will be registered under the United States Securities Act of 1933, and they may not be offered or sold in the United States absent registration or an applicable exemption. We seek Safe Harbor. SOURCE: Spetz Inc. View the original press release on ACCESS Newswire
Associated Press
15-05-2025
- Business
- Associated Press
Spetz Retracts and Clarifies its News Release From May 14th
TORONTO, ON / ACCESS Newswire / May 15, 2025 / Spetz Inc. (the 'Company' or 'Spetz') (CSE:SPTZ)(OTC:DBKSF) at the request of CIRO the Company wishes to retract the news release dated May 14 titled 'Spetz Announces Strategic Partnership with Sonic Labs Ahead of Closing Their Current Financing Round'. Spetz and Sonic Labs have engaged in ongoing discussions regarding potential areas of collaboration and have verbal commitments, nothing has been signed and there can be no guarantee the partnership will proceed. These discussions culminated in a verbal agreement in early May 2025 to work together on a non-binding basis to grow institutional awareness, participation, and infrastructure support for the Sonic ecosystem. No commercial consideration has been exchanged. Sonic Labs has confirmed its intention to participate in Spetz's current private placement financing. The transaction has not yet closed. The Company will provide a further update on the status of the private placement. There is no guarantee that the private placement will close. About Spetz Inc. Spetz Inc. is a multinational technology company operating at the intersection of AI-driven marketplaces and blockchain infrastructure. The Company owns and operates the Spetz application, an AI-powered platform connecting consumers with service providers, as well as SonicStrategy, a leading blockchain staking and infrastructure business. About Sonic Labs Sonic Labs is the core development team behind the Sonic blockchain, a high-performance, EVM-compatible Layer 1 built for DeFi and real-world applications. With sub-second finality, low fees, and a rapidly growing ecosystem of developers and applications, Sonic is quickly establishing itself as one of the most scalable and accessible blockchains in the market. The team includes pioneers in DeFi and blockchain infrastructure, including Andre Cronje, and is supported by a global developer and investor community. Company Contacts Mitchell Demeter, Spetz Inc CEO Email: [email protected] Phone: +1-345-936-9555 Forward-Looking Statements NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Note Regarding Forward-Looking Statements Certain information herein constitutes 'forward-looking information' under Canadian securities laws, reflecting management's expectations regarding objectives, plans, strategies, future growth, results of operations, and business prospects of the Company. Words such as 'plans,' 'expects,' 'intends,' 'anticipates,' 'believes,' and similar expressions identify forward-looking statements, which are qualified by the inherent risks and uncertainties surrounding future expectations. Forward-looking statements are based on a number of estimates and assumptions that, while considered reasonable by management, are subject to business, economic, and competitive uncertainties and contingencies. The Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected outcomes. Factors influencing these outcomes include economic conditions, regulatory developments, competition, capital availability, and business execution risks. The forward-looking information contained in this release represents Spetz's expectations as of the date of this release and is subject to change. Spetz does not undertake any obligation to update forward-looking statements, except as required by law. This press release does not constitute an offer to sell or solicit an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful. None of the securities issued in connection with the acquisition will be registered under the United States Securities Act of 1933, and they may not be offered or sold in the United States absent registration or an applicable exemption. We seek Safe Harbor. SOURCE: Spetz Inc. press release
