Nasdaq-listed wellness company Safety Shot, Inc., has partnered with the creators of BONK to acquire $25 million in BONK tokens, which are a type of memecoin based on the Solana blockchain. This partnership marks a significant step for a public company entering the world of decentralized finance (DeFi). By adding digital assets to its treasury, Safety Shot aims to bridge the gap between traditional finance and the crypto market.
First-Ever BONK Treasury
Safety Shot, Inc., known for its beverage that helps reduce blood alcohol content, has announced a strategic partnership with BONK’s founding contributors. The company will receive $25 million in BONK tokens, a Solana-based memecoin with a market cap of over $2 billion, as part of its new DeFi-focused treasury strategy.
In exchange, Safety Shot will issue $35 million in preferred shares, convertible into common stock. Bonk is a meme token released in December 2022 through a large airdrop to the Solana Mobile community.
The company has paid off all its debts as it prepares for its first-of-its-kind move and now has over $15 million in cash, making it ready for this venture. This venture aligns with Safety Shot’s goal to acquire income-generating DeFi assets, potentially setting a new standard for public companies.
Memecoin Gains Regulatory Support
This positive trend shows that investors are gaining confidence in the new partnership, suggesting hope for future growth and collaboration. The United States GENIUS Act, signed into law in July 2025, provides new rules for stablecoins and encourages traditional companies to explore digital currencies.
This regulatory support has created excitement in the market, with Safety Shot’s decision seen as a bold move in a changing financial landscape. Past examples, like Strategy’s $400 million investment in Bitcoin in 2024 and Tesla’s $1.5 billion investment in Bitcoin in 2021, highlight how companies are using cryptocurrency to diversify their assets.
Safety Shot’s innovative step may encourage other firms to look into DeFi opportunities and change how corporate finance works. With no debt and a strong cash position, the company has a solid foundation for this move.
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