Fantom developers introduce foundation for Sonic, close $10 million strategic round

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Fantom 13:00:53 24/05/2024

Fantom developers introduce foundation for Sonic, close $10 million strategic round

The Fantom Foundation is launching the Sonic Foundation and Sonic Labs alongside its upcoming blockchain.

The Sonic Foundation will manage governance and treasury, while Sonic Labs will focus on developing decentralized applications. It has also closed a $10 million strategic funding round led by Hashed.

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