sony crypto coin - Sony to tokenize IP assets on the blockchain and launch a fund for the Soneium ecosystem
According to ME News, on April 17 (UTC+8), Kazuhito Hashino, Head of On-chain Business at Soneium, Sony’s Ethereum Layer 2 network, stated that Sony’s blockchain business is transitioning from an experimental phase to commercialization. The former “Advanced Infrastructure Business Exploration Department” has been renamed the “On-chain Business Strategy Department,” repositioning blockchain as a core component of the company’s strategy. This year, Sony will focus on on-chain monetization of intellectual property (IP), leveraging Soneium to build on-chain IP infrastructure for core assets in music, animation, gaming, film, and sports, while simultaneously developing the necessary legal and regulatory frameworks.Additionally, Sony is preparing to establish a GP/LP-style investment fund to accelerate investment in applications and entertainment projects on Soneium through external capital. To date, its incubation program SPARK has received over 2,000 DApp applications, with 23 projects already receiving funding. Sony’s ecosystem also includes the cryptocurrency exchange S.BLOX, designed to connect fiat currency with digital assets. (Source: Foresight News)Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

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