Safety Shot announces its entry into Decentralized Finance with $25 million BONK Token

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According to reports, US-listed company Safety Shot (Nasdaq code: SHOT) has announced a strategic alliance with BONK founding contributors, officially entering the Decentralized Finance (DeFi) space. Under the agreement, the company will receive BONK Tokens worth $25 million, in exchange for issuing preferred shares convertible into common stock, with a total value of $35 million.

This company, which holds 15 million dollars in cash and has paid off all its debts, has chosen BONK as its financial strategy target, primarily considering the competitive advantages of the token. BONK, built on the Solana blockchain, features high-speed transaction characteristics and a deflationary token economic model, currently boasting a market value of over 2 billion dollars, with on-chain holders reaching 980,000.

DEFI-0.16%
BONK8.06%
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SchrodingerPrivateKeyvip
· 17h ago
Once understood, even institutions get on board.
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CommunityJanitorvip
· 08-12 00:11
Wow, BONK has also started collaborating with listed companies.
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SchrodingersFOMOvip
· 08-11 13:04
BONK最近真 get carried away 啊
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NotSatoshivip
· 08-11 13:04
Tsk tsk, big capital is here to Be Played for Suckers again.
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BlockchainDecodervip
· 08-11 13:03
According to Gartner's 2023 data, the success rate of such cross-industry integration is only 4.2%, and it is recommended to follow the difficulty of integrating its technical architecture.
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HorizonHuntervip
· 08-11 13:03
Sol has really come back to life.
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DataChiefvip
· 08-11 12:55
Another Be Played for Suckers has appeared.
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