Cryptocurrency VC CMCC Global Launches $25 Million Sonic Ecosystem Development Fund

Techub News: Cryptocurrency VC CMCC Global has launched a $25 million Resonance fund to accelerate the development of the Sonic ecosystem. The fund primarily focuses on high-growth opportunities in DeFi and consumer-facing application sectors, with its core mission being to accelerate the adoption of "Fee Monetization (FeeM)" as a sustainable revenue model for smart contract developers. Additionally, the fund will enhance liquidity within the Sonic ecosystem through strategic capital allocation.