Ex-Solana Executive Launches Platform for Faster Global Crypto Trading Using Wall Street Tech

Former Solana Labs executive Joe McCann is leveraging high-frequency trading (HFT) technology from Wall Street to revolutionize cross-border cryptocurrency transactions. His new venture, Sonic, aims to solve the latency issues plaguing global crypto trades by utilizing a distributed network of servers. This approach, inspired by traditional finance, seeks to execute trades in milliseconds by placing servers closer to the world's largest crypto exchanges. The platform focuses on institutional clients and arbitrage opportunities, potentially increasing market efficiency. The initiative highlights the ongoing convergence of traditional financial infrastructure with the digital asset space to enhance performance and accessibility. [news_title_rus=Экс-руководитель Solana применяет технологии Уолл-стрит для ускорения глобальных криптовалютных сделок