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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

[Nov 24 11:32 PM] If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and…

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

[Oct 1 6:30 AM] Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient…

Circle Partners With Sony to Introduce USDC on Soneium

[Sep 18 5:30 AM] Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on…

Circle partners with Sony’s blockchain lab on USDC expansion 

[Sep 16 4:51 AM] The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership

[Sep 4 5:40 PM] Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized…

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'

[Aug 23 4:00 AM] The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.

$105 Billion Electronics Giant Sony To Launch New Bitcoin Exchange

[Jul 1 5:27 AM] Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group's local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony's presence in the Bitcoin and crypto space.JUST…

Sony subsidiary rebrands to S.BLOX, expands crypto trading

[Jul 1 2:44 AM] S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.

Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023

[Jul 1 12:32 AM] Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.

Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

[Apr 5 9:07 AM] According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing…

Sony Files ‘Super-Fungible Token’ NFT Patent

[Mar 8 4:30 AM] Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of…

Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB

[Feb 22 8:30 AM] Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing…

Can Sony and Microsoft bring blockchain to gaming consoles?

[Nov 29, 2023 5:24 PM] Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy

[Sep 16, 2023 1:30 AM] Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3…

Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs

[Jun 28, 2023 1:50 AM] Sony previously worked with Startale Labs to organize a web3 incubator.

Sony Network invests in Japanese Web3 startup to spur mass adoption

[Jun 28, 2023 1:50 AM] The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption.

Sony eyes NFT transfers across multiple game platforms, reveals patent

[Mar 25, 2023 3:51 AM] Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities.

Do You Believe in (Bitcoin) Magic?

[Mar 24, 2023 10:05 AM] NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that…

Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles

[Mar 21, 2023 10:23 AM] The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles, including non-Sony platforms like XBox.

Lego Prepares a Metaverse Collaboration With Epic Games to Target Digital Markets

[Mar 9, 2023 11:30 PM] Lego, the Danish toy company famous for its colorful plastic bricks, expects to diversify its entertainment offerings portfolio, targeting the metaverse. The company is preparing to present a virtual world in partnership with Epic Games, the gaming…

Sony and Astar Network Launch Web3 Incubation Program for NFT and DAO-Focused Projects

[Feb 18, 2023 11:30 PM] On Feb. 17, 2023, Tokyo-based Sony Network Communications announced that it is co-hosting a Web3 incubation program with the multichain smart contract platform Astar Network. The program has started accepting applications, and Sony and Astar will…

Sony Acquires 3D Animation Company Beyond Sports to Offer a Complete Sports Metaverse Experience

[Nov 24, 2022 11:30 PM] Entertainment and electronics giant Sony has recently completed the acquisition of Beyond Sports, a company specializing in using real-world data to produce 3D animation. With this purchase, the company is now reportedly able to offer a full…

Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market

[Nov 18, 2022 5:00 AM] Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of…