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CryptoWorld.com April 17 News, according to NADA News reports, Sony stated that its blockchain business is transitioning from the experimental stage to commercialization, with on-chain IP as a core focus. The company is building an ecosystem based on Ethereum Layer 2 "Soneium," including DApps, incubation program SPARK, and the exchange S.BLOX. Currently, it has selected 23 projects for investment out of over 2,000, and is preparing a GP/LP fund to attract external capital. Sony is exploring ways to activate IP assets in music, gaming, film, and television through blockchain, and is advancing related legal and regulatory frameworks.