According to TechFlame, according to a Stocktitan report, the US stock listed company Safety Shot (NASDAQ: SHOT) announced that it has reached a strategic alliance with BONK's founding contributor to officially enter the decentralized finance (DeFi) field. Under the agreement, the company will receive $25 million worth of BONK tokens in exchange for issuing preferred shares that can be converted into common shares, with a total value of $35 million. The company, which holds $15 million in cash and has paid off all of its debts, chose BONK as its fiscal policy target, mainly due to the token's competitive advantage. BONK, built on the Solana blockchain, has high-speed transaction characteristics and a deflationary token economy model. It currently has a market capitalization of over 2 billion US dollars and 980,000 on-chain holders.