Sonic Labs Teams Up with GSR to Power Liquidity and Growth for Sonic Blockchain
In a major development for the DeFi space, Sonic Labs has announced a strategic partnership with crypto capital markets powerhouse GSR, naming the firm as the official market maker for the Sonic blockchain’s native token, $S (formerly FTM).
The move aims to bolster liquidity and market presence for the recently launched Sonic token, which is at the heart of Sonic’s next-gen Layer-1 ecosystem. With its December 2024 mainnet debut and a seamless 1:1 swap from Fantom’s FTM token executed in early 2025, Sonic is quickly emerging as a high-performance blockchain offering EVM compatibility, 10,000+ TPS throughput, and sub-second transaction finality.
GSR to Deliver Liquidity, Strategic Support, and DeFi Ecosystem Growth
GSR, established in 2013 and regulated by both Singapore’s MAS and the UK’s FCA, will not only provide market-making services but also comprehensive, full-stack support for Sonic’s native token and early-stage DeFi projects building on the network.
The partnership signifies more than just liquidity provisioning. As noted by Michael Kong, CEO of Sonic Labs:
“We’re not just looking for liquidity providers. We want partners who are deeply involved—engaging with builders, attending community events, and actively shaping the DeFi space. GSR meets and exceeds that bar.”
A Strategic Ally in Building the Future of DeFi
Beyond trading, GSR brings a deep well of experience across OTC trading, derivatives, and strategic investments. The firm has backed notable projects such as Sei, The Open Network (TON), and Ethena, highlighting its role as a multi-stage investor in promising crypto protocols.
Alex Taaffe, GSR’s head of U.S. business development, expressed enthusiasm about the collaboration:
“We’re committed to helping projects go beyond just launching a token. It’s about creating real, lasting value. Sonic’s technical capabilities, speed, and community-first mindset make it a standout project.”
A Bright Future Ahead for Sonic DeFi
With this alliance, Sonic Labs is set to accelerate adoption and create robust infrastructure for its DeFi ecosystem. As GSR supports token liquidity and project scaling, Sonic is positioning itself as a powerful Ethereum-compatible alternative for developers and users looking for performance, decentralization, and community-driven innovation.
Stay tuned as this partnership unfolds—expect more integrations, project launches, and DeFi tools coming to the Sonic ecosystem soon.
