- Safety Shot is entering the DeFi market with a significant token swap.
- The swap involves $25 million in BONK tokens for $35 million in preferred shares.
- This move aligns with strategic treasury management shifts similar to past corporate strategies.
Safety Shot Inc. announced a strategic alliance with BONK’s founding contributors on August 11th, entering the DeFi market by acquiring $25 million in BONK tokens.
This move highlights BONK’s significance in DeFi, showcasing its Solana-driven speed and deflationary model, possibly influencing other meme tokens and DeFi assets on the platform.
Safety Shot’s $25M BONK Token Swap with Preferred Shares
Safety Shot Inc. has forged a significant partnership with a contributor to the BONK token. The company will receive $25 million in BONK tokens in exchange for issuing $35 million in preferred shares, seeking entry into the DeFi arena.
As of August 11, 2025, CoinMarketCap data places BONK’s market cap at formatNumber(2074921477, 2) billion. The token experienced a 3.09% decrease in 24 hours with a 7-day decline of 3.49%, although it posted a 60-day growth of 58.43%.
Experts from the Coincu research team highlight the potential integration benefits and risks posed by such strategies. Historically, treasury shifts into crypto have influenced market perceptions and company evaluations, potentially lining up with prior CRYP movements. Global corporations’ intangible assets have reached a record $80 trillion, reflecting similar trends in digital assets.
Similar Historical Strategies and Market Implications
Did you know? Safety Shot Inc.’s move mirrors historic corporate token treasury strategies seen in firms like Tesla with Bitcoin in 2021, integrating meme tokens into their financial structures.
As of August 11, 2025, CoinMarketCap data places BONK’s market cap at formatNumber(2074921477, 2) billion. The token experienced a 3.09% decrease in 24 hours with a 7-day decline of 3.49%, although it posted a 60-day growth of 58.43%.
Experts from the Coincu research team highlight the potential integration benefits and risks posed by such strategies. Historically, treasury shifts into crypto have influenced market perceptions and company evaluations, potentially lining up with prior CRYP movements. Global corporations’ intangible assets have reached a record $80 trillion, reflecting similar trends in digital assets.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/safety-shot-bonk-defi-alliance/