Sony News

The Series B extension values the New York–based crypto infrastructure company at about $1.5 billion and includes backing from institutional investors.

Sony has added a $13 million investment to its partnership with Startale, signaling a longer-term infrastructure strategy, a year after Soneium’s mainnet debut.

Sony Bank is reportedly pursuing a US license and partnering with Bastion as it develops a 2026 dollar stablecoin connected to its growing Web3 unit, BlockBloom.

Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.

Soneium aims to solve the finality bottleneck limiting blockchain adoption by partnering with AltLayer and EigenLayer.

Sony Electronics Singapore partnered with Crypto.com to enable USDC payments, highlighting a growing trend of stablecoin adoption in the region.

LY Corporation denied reports that its Line Next blockchain venture had established a business partnership with Sony’s Ethereum layer 2.

The partnership will allow users to employ their Anime IDs in decentralized applications based on the Soneium blockchain.

Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start.

Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Sony Block Solutions Labs, a year-old joint venture between the Sony Group and Startale Labs, has introduced an Ethereum layer-2 blockchain to lure app developers across various sectors.

Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.

S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions.

Sony is cracking down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems.

The proposed agreement with record labels mandates consent and compensation before releasing songs featuring digital replicas of artists’ voices.