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February 9, 2025

Cicada Capital has made a strategic investment in Sonic

Cicada Capital has made a strategic investment in Sonic Labs, reflecting our commitment to broadening the scope of markets and opportunities within the Cicada ecosystem.

Sonic is the highest-performing EVM blockchain, combining:

  • Sub-second finality
  • Ultra-high throughput
  • FeeM model - where developers keep 90% of network fees, mirroring Web2-style ad revenue sharing

Recently, Sonic passed its first governance proposal to expand into U.S. traditional capital markets. ~860M $S voted in favor, representing ~68% of network staking power - a strong signal of community and institutional alignment.

"We are excited to begin our partnership with Sonic. As market makers, we interact with a large number of projects that will soon be able to enter their ecosystem."— Maxim Moris (Motin), CEO, Cicada Capital

Our investment in Sonic Labs aligns with Cicada's focus on supporting high-performance infrastructure and deepening liquidity across ecosystems. As market makers, we bring both trading expertise and deep liquidity provisioning to every ecosystem we enter. As Sonic expands into the U.S., we look forward to contributing our market-making and venture expertise to its next stage of growth.

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