The NASDAQ listed on the safety of the shot (shooting) took 10% income on Bonk.Fun, among the largest Memecoin launchpads in Solana. As part of a deal, the safety shot will receive a $ 25 million worth of Bonk (Bonk) for its treasury, which is aligned with the public company directly to the platform’s growth.
Bonk.Fun formed more than $ 35 million in user fees in July, the ecliping rival pump.fun to be the highest earning of the memecoin launchpad of the moon, according to Defillma.
The platform controls more than 80% of the sunny new part of Solana’s token launch, with peak days seeing more than 20,000 to -deploy to tokens and sunny quantities leading to $ 100 million.
As part of the transaction, the safety of the shot will release preferred shares that will be replaced with the usual stock and re -investing about 90% of Bonk.Fun’s revenue in Bonk token purchases. The company has removed its debt and holds more than $ 15 million cash.
Bonk-the fourth largest memecoin, with a $ 2 billion market cap and 980,000 on-chain holder, according to Solscan-is integrated with more than 400 Solana applications, covering DeFI, gaming, and consumer products.
Bonk.Fun continues to rank the top 10 decentralized applications worldwide in terms of income.
The CEO Jarrett Boon said the integration was “not only buying a cryptocurrency” but taking a stake in “a highly benefit machine” within digital ownership.
The move marks a transition from the common corporate approach of simply handling the crypto to balance sheets towards getting an equity -like exposure to an asset that generates income. For the safety of the shooting, it adds a repeated -stream of income tied to the bonk ecosystem activity and price performance.
