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Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Sonic Labs has appointed Mitchell Demeter as its new Chief Executive Officer (CEO) as it sets its sights on international expansion. A pioneer in digital assets and seasoned entrepreneur, Demeter will lead Sonic Labs in its next phase of global growth, accelerating the adoption of Sonic as one of the world’s leading blockchains.
He will help to expand developer and ecosystem adoption worldwide, strengthen institutional relationships, and build bridges into U.S. and global capital markets in line with Sonic’s broader mission to redefine the future of finance.
Launched in 2024, Sonic Labs has achieved numerous milestones, including the development of Sonic. This highest-performing EVM blockchain can confirm up to 400,000 transactions per second with confirmation times consistently under 1 second.
The project has also succeeded in listing S on Coinbase, issuing USDC natively, and integrating Chainlink’s CCIP, among other achievements. Having accomplished all these technical goals, the project now seeks strong institutional connections in the U.S. and other parts of the world to back the Sonic network and its ecosystem projects.
By combining exceptional leadership with cutting-edge technology, robust business functions, and strategic exchange listings, Sonic will be well-positioned for growth to a new level. To achieve this, the project will assemble a strong executive team around Demeter, bringing in proven operators with deep experience across both traditional finance and cryptocurrency to complement the foundation’s technology strengths.
Consequently, the foundation is actively expanding its business development efforts in the United States and globally by recruiting and hiring leaders to deepen institutional relationships and build lasting partnerships with major U.S. and global investors and enterprises alike.
Commenting, Demeter said:
“Sonic’s technology is unmatched in speed and scalability, and our mission is to bring that performance directly into institutional finance and global markets. Our mission is not just adoption, it’s to make Sonic indispensable to the future of global finance. That means scaling our business development and partnership efforts with large, well-known U.S. and global entities, and supporting lighthouse applications through strategic partnerships that will serve as proof points for the entire industry. The world’s financial infrastructure is moving on-chain, and Sonic intends to be at the very center of that transition.”
At a time when it is expected that up to 10% of global GDP could be transacted on blockchain rails within the next decade, representing over $10 trillion in on-chain economic activity, Sonic is uniquely positioned to capture this growth, combining unmatched speed and scalability with developer and institutional incentive models designed for mass adoption.
Under Demeter, Sonic will continue to expand its presence among institutional investors and builders alike, bridging global markets while maintaining its decentralization, which ensures transparency and security.
