Sony advances blockchain business commercialization, focusing on IP on-chain

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ME News reports that on April 17 (UTC+8), Sony announced 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. To date, it has selected 23 projects for investment out of over 2,000 candidates 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 technology and is advancing related legal and regulatory frameworks. (Source: PANews)

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