CMCC Global will launch the Sonic ecosystem fund Resonance Fund with a scale of up to $25 million

ChainCatcher news, Sonic Labs announced on its official blog that the blockchain venture capital firm CMCC Global plans to launch the Sonic ecosystem fund Resonance Fund, with a scale of up to $25 million. The fund is dedicated to investing in groundbreaking protocols and founders that shape the Sonic ecosystem.

The fund primarily focuses on high-growth opportunities in the DeFi and consumer-facing application sectors, with its core mission to promote fee monetization models as a sustainable revenue model for smart contract developers and accelerate their adoption. Additionally, the fund aims to enhance the liquidity of the Sonic ecosystem through strategic capital allocation. Its investment strategy is designed to capture value throughout the entire asset lifecycle, targeting early investments in emerging DeFi leading projects as well as strategic investments in high liquidity assets within the Sonic ecosystem.