Sonic Labs, previously known as Fantom, has launched its cross-chain bridging tool, Sonic Gateway. This tool facilitates the secure transfer of assets such as USDC, EURC, WETH, and FTM from Ethereum to Sonic Chain. It has undergone audits by top security firms including OpenZeppelin, Quantstamp, and Certora. Additionally, Sonic Labs has initiated a $2 million bug bounty program via the ImmuneFi platform to bolster security. Users can also upgrade their FTM holdings to Sonic Chain through this gateway.

USDC

PANews reported on December 25 that Sonic Labs (formerly Fantom) announced that its cross-chain bridging tool Sonic Gateway was officially launched, supporting secure bridging of USDC, EURC, WETH and FTM from Ethereum to Sonic Chain. The tool has been audited by top security companies such as OpenZeppelin, Quantstamp and Certora, and has worked with the global developer community to launch a $2 million bug bounty program through the ImmuneFi platform to further enhance security. FTMs held by users can also be upgraded to the Sonic Chain through Gateway.

Sonic Labs launches Sonic Gateway, supporting multi-asset cross-chain bridging.