
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.