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Andre Cronje has stepped down from the Sonic Labs board.
Michael Kong and David Richardson also left with him.
All three left on the same day, and the S token dropped by 5 points that day.
Honestly, I didn't expect Cronje to step down again.
Yearn was created by him, Keep3r was created by him, and Solidly as well.
Among the people who built DeFi from 0 to 1, he is the most obsessed.
He has stepped back and returned, then stepped back again.
Sonic Labs' statement is seeking a strategic direction adjustment—translate it as internal disagreements.
On the same day, the Philippine SEC said they are ready to accept RWA tokenization.
Charles Schwab is about to open a S&P 500 prediction market.
Here, DeFi veterans are exiting, while traditional finance is entering.
BTC is hovering at 63k without moving, but the underlying personnel in the crypto world are changing.