CMCC Global Launches $25M Resonance Fund to Accelerate the Sonic Ecosystem
CMCC Global, one of Asia’s first and most established venture capital companies focused solely on blockchain investments, is set to launch Resonance, a $25M Sonic ecosystem fund.
Fueling Sonic’s Next Chapter
Resonance is a venture fund dedicated to investing in breakout protocols and founders that are shaping the Sonic ecosystem. The fund’s primary focus is on high-growth opportunities within DeFi and consumer-facing apps, with a core mission to accelerate adoption of Fee Monetization (FeeM) as a sustainable revenue model for smart contract developers.
In addition, the fund looks to expand Sonic ecosystem liquidity through strategic capital allocation. The investment strategy is built to capture value across the entire asset lifecycle, targeting early-stage allocations in emerging DeFi champions alongside strategic investments in liquid Sonic assets.
“At CMCC Global, we are not driven by hype; we build independent, high-conviction theses on the assets and ecosystems we support. The fundamentals of the Sonic ecosystem are fully in place and are currently ahead of the market narrative. Sonic's performant design and scalability are uniquely positioned to meet the demands of sophisticated DeFi, next-generation consumer apps, and new primitives. The time is right to capitalize on this foundational strength.”
— James Tran, Portfolio Manager, Resonance
“We are thrilled that CMCC Global has chosen to launch Resonance. As one of the earliest and most successful crypto investors in the world, they have an enviable track record of consistently identifying and backing industry-leading teams and protocols. Resonance will make a significant and meaningful impact on present and future builders on Sonic, paving the way for the next generation of crypto innovators. Institutional capital is clearly waking up to the vast potential of Sonic.”
— Mitchell Demeter, CEO, Sonic Labs
About Resonance
Resonance is CMCC Global’s latest fund strategy, offering accredited investors exposure to attractive growth opportunities within the Sonic ecosystem. It employs a dynamic, liquid venture capital investment strategy, focusing on both pre-launch protocols and liquid assets across its key investment verticals of DeFi and Consumer.
Resonance complements CMCC Global’s Digital Asset Funds, which have been investing directly into protocols and digital assets since 2016, its Titan equity venture capital fund, and its Crest family of funds that invests into crypto quant funds.
CMCC Global is one of Asia’s first venture capital companies focused solely on blockchain and Web3 investments, reaching assets under management (AUM) of over $500 million across its funds and is known as a high-conviction investor. Today, the company has offices in Asia and North America and operates several funds with different strategies including the CMCC Global Digital Asset Fund, the Titan Fund, and Crest.
