Is SonicStrategy’s $40 Million Deal the Key to Nasdaq?
SonicStrategy’s $40M commitment from Sonic Labs paves the way for Nasdaq ambitions and deeper institutional adoption.

SonicStrategy, operating under Spetz Inc. (CSE: SPTZ | OTCQB: DBKSF), has announced a $40 million USD investment commitment from Sonic Labs, a move that signals deepening alignment between the blockchain ecosystem and public capital markets. With this capital, valued at approximately $55 million CAD, SonicStrategy is setting the stage for a Nasdaq Capital Markets listing, a pivotal step that could unlock broader institutional participation.
Structuring the Deal
The investment arrives in the form of a convertible debt instrument, funded with Sonic tokens. It is structured on a six-month term, non-interest-bearing, and unsecured. SonicStrategy holds the option to convert into common shares at $4.50 USD per share once specific milestones are achieved, notably the uplisting to Nasdaq Capital Markets. Equity issued upon conversion will be subject to a strict three-year lock-up, ensuring long-term stability. This structure is designed not just as a financial bridge but as a clear signal to the market of Sonic Labs’ confidence in SonicStrategy’s execution.
Mitchell Demeter, CEO of SonicStrategy, described the move as a reinforcement of the company’s role as a bridge between Sonic’s blockchain ecosystem and the global financial community. By securing this investment, the company gains liquidity for treasury functions, validator operations, and early-stage blockchain projects within Sonic’s expanding network. The partnership underscores the growing momentum of Sonic as it positions itself at the forefront of institutional adoption.
