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SonicStrategy raises C$2.25M in private placement paid entirely in SYN tokens, boosting digital asset holdings.

Protocol Fundamentals
09 Oct 2026
Tokenpost
View Source
Bullish
SonicStrategy raises C$2.25M in private placement paid entirely in SYN tokens, boosting digital asset holdings.

SonicStrategy completed the first tranche of a C$2.25 million private placement by issuing 11.25 million shares at C$0.20 each, receiving payment entirely in SYN tokens valued at an agreed rate of C$0.284 per token. The transaction expands the company's digital asset holdings, providing access to platforms like Hypercall, and the tokens may be used for staking, validator nodes, or funding operations. The shares are subject to resale restrictions until February 2027, and the deal includes no warrants or broker fees. Final acceptance by the Canadian Securities Exchange is pending.

SonicStrategy's recent private placement is presented here with Pluang's cryptocurrency market data for context. For readers following digital assets, 15 of 50 major cryptocurrencies rose while 34 fell on Pluang. Notable movers include DOT at Rp20.757 with a 5.57% increase and MANA at Rp1.708 down 5.32%. Data is as of Oct 09, 2026 13:21 WIB.

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