Sony Group Set To Launch Ethereum Layer-2 Blockchain 'Soneium' - Here's What You Should Know
Portfolio Pulse from Aniket Verma
Sony Group Corp. has announced the launch of its Ethereum Layer-2 blockchain, Soneium, developed in collaboration with Startale Labs. This move is part of Sony's strategy to enter the Web3 space, offering Web3 games, NFT marketplaces, and entertainment services. A test version will be available soon, but the mainnet launch date is undisclosed. This follows Sony's recent launch of S.BLOX Inc., a revamped cryptocurrency exchange.
August 23, 2024 | 6:42 am
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Sony Group Corp. has launched Soneium, an Ethereum Layer-2 blockchain, as part of its Web3 strategy. This move could enhance Sony's position in the blockchain and Web3 space, potentially impacting its stock price.
Sony's launch of Soneium represents a strategic move into the growing Web3 space, which could positively influence investor sentiment and potentially lead to a short-term increase in stock price. The partnership with Startale Labs and the focus on Web3 games and NFT marketplaces highlight Sony's commitment to innovation in this area.
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