BONK announced a strategic cooperation agreement worth $25 million with the Nasdaq-listed company Safety Shot, which plans to purchase approximately $115 million worth of tokens by the end of the year, accounting for about 5% of BONK's total supply.

Written by: BONK

According to official news, BONK announced a strategic cooperation agreement worth $25 million with the Nasdaq-listed company Safety Shot, which plans to purchase approximately $115 million worth of tokens by the end of the year, accounting for about 5% of BONK's total supply.

According to the agreement, control of the Safety Shot board will be transferred to BONK's leadership, with BONK's core contributor Nom serving as a strategic advisor to guide the company's BONK acquisition strategy and provide expertise in blockchain operations. Safety Shot plans to utilize $15 million of its cash reserves to increase its BONK holdings to $40 million and conduct an additional issuance of up to $100 million by the end of the year to further increase its stake. The company also plans to change its Nasdaq stock code from SHOT to BNKK, and eventually to BONK, with the specific timing pending regulatory approval.

In addition, Safety Shot is preparing to establish partnerships with major blockchain and fintech companies.

Industry observers believe this cooperation is a symbolic case of meme coins being recognized as legitimate financial assets within a regulated framework. By reducing the circulation of BONK, the transaction is expected to enhance price stability while allowing institutional and retail investors to indirectly invest in BONK through traditional brokerage accounts.

Nom commented, "This structure creates opportunities to access BONK through traditional accounts, making it a regulated and recognized investment asset within the established financial framework."

BONK was launched in November 2022, created by the Solana community in response to the collapse of FTX, and was initially distributed for free to developers and community members during the Christmas period. Since then, the token has been considered to play a key role in the revival of Solana. Given its market capitalization of over $2 billion, this cooperation is expected to be remembered as a milestone in bridging the gap between traditional finance and the crypto economy.

At the same time, BONK.fun announced it has been selected as the official USD1 launch platform for Trump World Freedom Finance. This strategic cooperation makes BONK.fun a major platform for bringing leading Web2 companies into the blockchain, further solidifying its role as a gateway to a decentralized future. This cooperation is expected to bring new liquidity and greater visibility to the BONK ecosystem, enhancing its growth and relevance in the broader Web3 space. More details about this cooperation and upcoming plans will be announced soon.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。