CMCC Global to launch Resonance Fund, a $25 million Sonic ecosystem fund

In comparison, Sonic Labs announced in its official blog that blockchain venture capital firm CMCC Global plans to launch the $25 million Sonic Ecosystem Fund Resonance Fund. The fund is dedicated to investing in the groundbreaking agreements and founders that shape the Sonic ecosystem.

The fund mainly focuses on high-growth opportunities in DeFi and consumer-facing applications. Its core mission is to promote the monetization model of fees as a sustainable revenue model for smart contract developers and accelerate its popularity. Additionally, the fund hopes to expand the liquidity of the Sonic ecosystem through strategic capital allocation. Its investment strategy aims to capture value throughout the asset lifecycle, from early investments to emerging DeFi leaders and strategic investments in highly liquid assets within the Sonic ecosystem.