Nasdaq-Listed Security Shot (SHOT) has taken a 10% revenue share in Bonk.Fun, among the largest Memecoin launch pads on Solana. As part of an agreement, security shots will receive $ 25 million worth of Bonk (Bonk) for its treasury, which adjusts the public company directly with the platform’s growth.
Bonk.Fun generated over $ 35 million in user fees in July and darkened rival pump.Fun to become the highest earning Memecoin Launchpad of the month, according to Defillama.
The platform controls more than 80% of Solana’s daily new token launch market shares, with Peak Days watching over 20,000 tokens implemented and daily quantities topped $ 100 million.
As part of the transaction, Safety Shot releases preferred shares that are convertible to common stock and reinvests approx. 90% of its Bonk.Fun -The revenue for Bonk -token -Bykøb. The company has cleared its debt and has more than $ 15 million in cash.
Bonk-the fourth largest Memecoin, with a market capital of $ 2 billion and 980,000 on-chain holders, according to Sunscan-is integrated into over 400 Solana applications spanning defi, games and consumer products.
Bonk.Fun consistently ranks among the top 10 decentralized applications globally in terms of revenue.
CEO Jarrett Boon said the integration “not only buys a cryptocurrency” but to acquire a share in “a very profitable engine” in digital assets.
The move marks a shift from the typical business strategy to simply keep crypto on balance towards taking equity -like exposure in a revenue -generating asset. For security shoots, it adds a recurring income current tied to the Bonk Ecosystem’s activity and price performance.
