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SonicStrategy buys 500,000 SYN tokens to expand into on-chain derivatives market

Company Fundamentals
23 Sep 2026
Newsfile Corp
View Source
Bullish
SonicStrategy buys 500,000 SYN tokens to expand into on-chain derivatives market

SonicStrategy Inc. acquired 500,000 SYN tokens at about $0.23 each, investing roughly $115,000 to enter the on-chain derivatives space. SYN tokens are linked to Synapse Labs' Hypercall, a decentralized options protocol within the Hyperliquid ecosystem. This move marks SonicStrategy's first treasury investment in on-chain derivatives, aiming to capitalize on growing demand for blockchain-based financial infrastructure. The company plans to expand its digital asset holdings to enhance long-term shareholder value as decentralized finance evolves.

SonicStrategy's acquisition of 500,000 SYN tokens provides context for Pluang's market snapshot as of Sep 24, 2026 02:21 WIB: Among 150 priced US stocks on Pluang, 48 rose and 101 fell today. Notably, SNAP traded at USD 5.26 with a 1-day change of -6.32% and a typical hold time of 67 days, while ABNB was priced at USD 151.80 with a -6.19% change and a longer hold time of 137 days. SPCE showed a similar decline of -6.17% at USD 3.12, but with a contrasting Pluang order activity of 77% Sell versus 23% Buy.

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