Sony News

Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.

Soneium aims to solve the finality bottleneck limiting blockchain adoption by partnering with AltLayer and EigenLayer.

Sony Electronics Singapore partnered with Crypto.com to enable USDC payments, highlighting a growing trend of stablecoin adoption in the region.

LY Corporation denied reports that its Line Next blockchain venture had established a business partnership with Sony’s Ethereum layer 2.

The partnership will allow users to employ their Anime IDs in decentralized applications based on the Soneium blockchain.

Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start.

Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Sony Block Solutions Labs, a year-old joint venture between the Sony Group and Startale Labs, has introduced an Ethereum layer-2 blockchain to lure app developers across various sectors.

Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.

S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.

Sony is cracking down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems.

The proposed agreement with record labels mandates consent and compensation before releasing songs featuring digital replicas of artists’ voices.

Sony Bank says it is experimenting with the possibility of issuing its own yen-backed stablecoin as a form of payment for businesses that use intellectual property owned by the Sony Group.

Such a model could theoretically be used to exploit human conversations to build advertising personas.

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?