Sonic Labs, previously known as the Fantom Foundation, announced via X on Tuesday that Octav will launch on the Sonic blockchain. Octav empowers Sonic protocols with advanced on-chain treasury management and financial reporting.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 11.5% in the last 24 hours and is currently trading at $1.0900.