- Topic
51k Popularity
11k Popularity
8k Popularity
33k Popularity
64k Popularity
- Pin
- 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Sonic Labs Commits $40M to SonicStrategy as It Eyes Nasdaq Listing, U.S. Expansion
Spetz (SPTZ), doing business as SonicStrategy, has announced It’s receiving $40 million in convertible funding from the foundation behind the Sonic blockchain, Sonic Labs.
The financing comes in the form of a six-month, zero-coupon convertible note issued in Sonic’s native S tokens. If SonicStrategy uplists from the Canadian Securities Exchange to the Nasdaq or a similar U.S. exchange and raises at least $40 million in outside capital, the debt can convert to common stock at $4.50 per share.
Those shares will be locked for three years. Sonic Labs' token contribution will be locked for four years.
SonicStrategy plans to use the capital to support its treasury, validator operations and blockchain investments. The companies expect the deal to close within five business days under Canadian Securities Exchange rules.
The investment is part of Sonic’s broader push into the U.S., following community approval for a $150 million expansion plan. That initiative includes efforts to create an exchange-traded fund and pursue a private investment in public equity (PIPE) vehicle.
Sonic Labs CEO Michael Kong said SonicStrategy acts as a link between the blockchain and traditional finance. “"This investment reflects our confidence in their execution and their ability to provide institutional-grade infrastructure for the Sonic ecosystem,” Kong said in a press release.
Sonic’s S tokens are up around 0.4% in the last 24 hours, while based on the CoinDesk 20 (CD20) index the wider crypto market rose 1.3% in the same period.
View Comments