Sonic Labs, previously known as the Fantom Foundation, announced via X on Monday that Owlto Finance will launch on the Sonic blockchain. Owlto Finance is an AI-driven omnichain liquidity protocol that lets you bridge stablecoins from dozens of chains to Sonic.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 4% in the last 24 hours and is currently trading at $0.9820.