BONK Memecoin on Solana Secures $25 Million Boost
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BONK Memecoin on Solana Secures $25 Million Boost

Safety Shot invests significantly in BONK's ecosystem, aiming for a stake in a revenue-generating asset.

Nasdaq-listed Safety Shot (SHOT) has acquired a 10% revenue stake in Bonk.fun, one of the largest memecoin launchpads on Solana. The deal includes a $25 million investment in BONK tokens, aligning the public company with the platform’s growth.

Bonk.fun has generated over $35 million in user fees in July, surpassing its competitors. This partnership will secure Safety Shot a reliable income stream based on BONK’s market performance.

Key Points:

  • Safety Shot has secured a 10% revenue stake in Bonk.fun, contributing $25 million in BONK tokens to its treasury.
  • Bonk.fun ranked first in terms of earnings among memecoin launchpads in July.
  • The collaboration guarantees ongoing revenue linked to BONK’s market activities.

The platform commands over 80% of Solana’s daily new token launch market, demonstrating substantial demand and growth potential. Notably, the integration reflects a shift in corporate strategy towards equity-like stakes in revenue-yielding assets rather than merely holding cryptocurrencies.

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