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Safety Shot Announces It Has Acquired A 10% Revenue Sharing Interest In BONK.fun Along With An Initial $25M In Bonk Tokens

Benzinga·08/12/2025 12:49:06
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Safety Shot, Inc. (NASDAQ:SHOT) today announced it has acquired a 10% revenue sharing interest in the profitable launchpad, BONK.fun. This valuable revenue sharing interest, along with an initial $25 million in BONK tokens, was the primary consideration for the preferred stock transaction announced yesterday.

In a landmark move that signals a full alignment of interests, members of the BONK founding core group, including Mitchell Rudy (AKA Nom), will be appointed to the Safety Shot Board of Directors, constituting 50% of the board seats.

Further solidifying its commitment to this new direction, Safety Shot also announced it has reserved the ticker symbol "BNKK" with Nasdaq.

BONK.fun is a decentralized platform on the Solana blockchain that allows anyone to instantly create and launch new meme coins without needing any coding expertise. It has experienced explosive growth since its launch in April 2025, rapidly becoming a dominant player in its sector. The platform is deeply integrated with the BONK ecosystem. A portion of the revenue it generates is used to buy back and burn BONK tokens on the open market. This creates constant buying pressure and reduces the supply of BONK, which is designed to increase its value and strengthen the entire ecosystem, which in turn drives more activity back to the BONK.fun platform.

"We've built one of the most powerful, decentralized ecosystems from the ground up. Since our launch on Christmas day 2022, BONK's growth has been explosive. We have surged to a market capitalization of over $2 billion. By integrating with Safety Shot, Inc., we are creating a first-of-its-kind bridge for public market investors to directly participate in the revenue and growth of one of the most active communities in DeFi. Integrating BONK.fun's revenue with Safety Shot will be the next step of empowering the token flywheel of BONK. This is the future of how digital assets and traditional finance will merge, and we're thrilled to build that future here", says Mitchell Rudy, one the founding core contributors of BONK."

Unlike other crypto strategies that have been announced, BONK.fun is different in the fact that investors will be participating in revenues generated by the platform rather than earning fees from staking.