The safety shooting listed by the NASDAQ (SHOT) has taken a 10% income in Bonk.Fun, among the largest Lauffs even on Solana. As part of an agreement, security security will receive a value of $ 25 million in Bonk (Bonk) for its treasure, aligning public company directly on the growth of the platform.
Bonk.fun generated more than $ 35 million in use costs in July, eclipstating Rival Pump. Fun to become the highest launchpad of the month, according to Defillama.
The platform controls more than 80% of the new market share of the launch of Solana tokens on peak days, seeing more than 20,000 deployed tokens and daily volumes exceeding $ 100 million.
As part of the transaction, the security will issue the privileged shares convertible into ordinary shares and will reinvest approximately 90% of its Bonk.fun income in bonk token purchases. The company has authorized its debt and has more than $ 15 million in cash.
BONK – The fourth largest same same, with a market capitalization of $ 2 billion and 980,000 chain holders, according to SOLSCAN – is integrated into more than 400 Solana applications, covering DEFI, Game and Consumption products.
Bonk.fun is regularly ranked among the 10 main decentralized applications worldwide in terms of income.
The CEO, Jarrett Boon, said that integration was not “to buy a cryptocurrency”, but to acquire a participation in “a very profitable engine” in digital assets.
This decision marks a passage from the company strategy typical to simply hold the crypto on the balance sheets towards taking an exposure to actions in an asset generating income. For security, he adds a recurring income flow linked to the activity and performance of the Bonk ecosystem prices.
