15 Januari 2026
Sonic Labs has appointed crypto capital markets firm GSR as the official market maker partner for the Sonic blockchain’s native token. This partnership promises to have a significant impact on the market position of the Sonic (S) token as GSR focuses on creating deep liquidity and strategic support, the Sonic Labs team is excited to announce.
In addition to its role as official market maker, GSR, founded in 2013 and regulated by the Authority of Singapore and the UK’s Financial Conduct Authority, fully supports the Sonic token. This partnership focuses on the broader decentralized finance (DeFi) ecosystem. GSR also plans to support early-stage projects building within the Sonic DeFi ecosystem. Sonic Labs emphasizes that GSR’s focus on transparency is crucial to this partnership.
“In today's market we are looking for more than just liquidity providers,” said Michael Kong, CEO from Sonic Labs. “We are looking for partners who are integrated into the network, contribute to DeFi, are directly involved in projects, support global community events, and maintain open, proactive communication. GSR embodies this standard.” His words exude confidence and make it clear that DeFi is not just about numbers, it is about connections.
Sonic Labs launched Sonic’s mainnet in December 2024, with the S token set to be swapped for the Fantom (FTM) token in a 1:1 swap in early 2025. This layer-1 blockchain features compatibility with the Ethereum Virtual Machine, manages a verifiable 10.000 transactions per second, and provides sub-second finality.
GSR already has a strong footprint in the digital asset market, with activities in over-the-counter trading, derivatives and market making. The company is also a multi-stage investor, and investments in its recent portfolio include projects such as Be, The Open Network and Ethena, a synthetic dollar protocol on Ethereum.
GSR’s Head of US Business Development, Alex Taaffe, spoke positively about the partnership with Sonic Labs: “At GSR, our role goes beyond trading; we’re here to help teams scale and take the next step. We support innovative protocols with liquidity, help founders get tokens market-ready, and foster sustainable on-chain operations that foster long-term growth. Sonic’s speed, infrastructure, and community-focused approach stand out in a meaningful way.” Indeed, growth and innovation are the keywords in this exciting partnership.
“All you have to do is wait for the right moment – the future is now!”
Together, Sonic Labs and GSR are on the cusp of something big in the world of DeFi. This partnership not only offers opportunities for the parties involved, but also for investors and enthusiasts within the blockchain community.
What is GSR's role in the collaboration with Sonic Labs?
GSR serves as the official market maker partner, providing liquidity support and strategic guidance for the Sonic (S) token.
When did the Sonic mainnet launch take place?
The Sonic mainnet launched in December 2024, with a 1:1 swap from the Fantom (FTM) token to the S token in early 2025.
What are the key features of the Sonic blockchain?
The Sonic blockchain offers compatibility with the Ethereum Virtual Machine, supports verifiable 10.000 transactions per second, and provides sub-second finality.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
