Mitchell Demeter Appointed CEO of Sonic Labs to Drive Global Expansion

On September 29, 2025, Sonic Labs declared that Mitchell Demeter is its new CEO. Wu Blockchain and Chainwire were the ones to report the appointment. He not only quits his position as SonicStrategy CEO but also takes on the position of Executive Chair, where he will have to deal with capital markets.

Sonic Labs 任命 Mitchell Demeter 为首席执行官，以推动全球增长并深化机构合作关系。Demeter 将领导公司扩大开发者生态、强化机构关系，并扩展全球及美国市场影响力。此外，Demeter 他将卸任 SonicStrategy 的首席执行官，转任执行主席。https://t.co/1KucgiISTB

— 吴说区块链 (@wublockchain12) September 29, 2025

Sonic Labs and Developer Ecosystem.

Demeter will be on the frontline to grow the developer base and establish institutional relationships. Sonic Labs focuses on U.S. and international financial institutions, which is why it tries to expand to a market of more than 40 million active crypto users across the globe. Lighthouse applications and proof-of-concept projects will demonstrate the Layer-1 speed and efficiency of Sonic. Sonic Labs is focusing on the U.S. market that represents 20 percent of the global trade in crypto. To lure regulated institutions, the company will enhance compliance of the exchange. The leadership team can include executives who have one or several backgrounds in traditional finance and crypto. The plan will focus on making Sonic Labs an institutional-quality blockchain platform.

Long-Term Growth

Sonic Labs has introduced new tokenomics. The network will mint 1.5 percent a year 47,625,000 S tokens every year starting six months after mainnet. The money will be used to fund validator rewards, developer incentives and user airdrops. The design will provide forecasted growth until 2031. Sonic has this as a Layer-1 replacement of Ethereum and Layer 2 scaling solutions.

The blockchain and capital markets are bridged by the ten years of experience Demeter has acquired. His hiring makes Sonic Labs look more credible to institutions. The approach will position it to compete with the best Layer-1s based on technical performance and institutional trust. Sonic Labs will use its enhanced ecosystem to earn more of the blockchain finance across the world. It also had disclaimers in line with the 2021 attitude of China towards virtual currencies. Sonic Labs will have to go through international laws, such as SEC and MiCA laws in Europe, in the United States.