Sony will promote the on-chainization of its IP asset portfolio and plans to establish an investment fund to support the Soneium ecosystem.

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ME News Report, April 17 (UTC+8), Sony's Ethereum Layer 2 network Soneium's on-chain business leader, Hito Tanabe, stated that Sony's blockchain business is transitioning from the experimental stage to a commercialized phase. The former "Advanced Infrastructure Business Exploration Department" has been renamed the "On-Chain Business Strategy Department," repositioning blockchain as a core part of the company's strategic focus. This year, Sony will focus on exploring on-chain IP in the fields of music, animation, gaming, film, and sports, using Soneium to build on-chain IP infrastructure for core assets, while simultaneously developing related legal and regulatory framework systems.
In addition, Sony is preparing to establish a GP/LP investment fund to accelerate investments in applications and entertainment sectors on Soneium by introducing external capital. Currently, its incubation program SPARK has received over 2,000 DApp applications, with 23 projects already receiving investment. Sony's ecosystem also includes the cryptocurrency exchange S.BLOX, aimed at connecting fiat currency with digital assets. (Source: Foresight News)
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BridgeHopRanger
· 7h ago
Out of over 2,000 applications, only 23 were submitted—crazy competition.
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LimitOrderMonk
· 7h ago
If Soneium can clarify music copyrights, singers won't have to look at platform's face anymore.
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GateUser-673fb6fa
· 7h ago
Sony has finally gone all out; the On-Chain Business Strategy Department's name suggests they are in it for the long term.
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StainedGlassSun
· 7h ago
From experimentation to commercialization, big companies move steadily; are small projects panicking or staying calm?
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NeonVortexTunnel
· 8h ago
Animated NFT + cross-chain game items, anime-style excitement
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OrigamiVolcano
· 8h ago
GP/LP funds are a powerful move, using external capital to fuel the ecosystem, with Sony firmly holding the top spot.
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GateUser-a365d15f
· 8h ago
On-chain IP + regulatory framework—does this mean issuing on-chain IDs for traditional entertainment assets?
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