Entertainment giant deepens blockchain infrastructure partnership as jointly developed Ethereum Layer 2 gains tractionEntertainment giant deepens blockchain infrastructure partnership as jointly developed Ethereum Layer 2 gains traction

Sony Invests Additional $13M in Startale as Soneium Blockchain Surpasses 500M Transactions

Sony Invests Additional $13M in Startale as Soneium Blockchain Surpasses 500M Transactions

Startale Group secured an additional $13 million investment from Sony Innovation Fund, deepening a partnership focused on building blockchain infrastructure for entertainment, intellectual property and artificial intelligence applications, the blockchain developer announced today in a statement.

The follow-on investment marks Sony's continued backing of Startale since the company's September 2023 seed round. The partnership expanded through Sony Block Solutions Labs, the joint venture behind Soneium, an Ethereum Layer 2 blockchain co-developed by the two companies.

The investment reinforces Sony's blockchain strategy as the company builds infrastructure at the intersection of entertainment and distributed ledger technology. The partnership aims to advance new models for IP-led platforms, creator-centric monetization and fan engagement as the industry navigates the AI era.

Soneium has processed over 500 million transactions since launching its mainnet in January 2025, with 5.4 million active wallets and more than 250 live decentralized applications, according to Startale. The network has positioned itself as an entertainment-focused blockchain platform.

The Startale App serves as the primary gateway to the Soneium ecosystem, integrating wallet functionality, asset management and application access. Startale USD provides a settlement layer connecting applications, users and payments across the network.

"Startale has been an important partner to Sony since the early days of Soneium," said Sota Watanabe, CEO of Startale Group. "Our vision is to bring the world on-chain, and Sony's continued support strengthens our ability to deliver the infrastructure required to realize that vision at global scale."

The partnership targets infrastructure for onchain entertainment where intellectual property, creators and communities converge as generative AI reshapes content creation and distribution. Sony brings entertainment industry expertise and technology capabilities, while Startale provides blockchain infrastructure knowledge.

Kazuhito Hadano, CEO of Sony Ventures Corporation, said Startale works across blockchain infrastructure and applications with a global perspective focused on enabling new value flows through onchain technologies.

➢ Stay ahead of the curve. Join Blockhead on Telegram today for all the latest in crypto.
+ Follow Blockhead on Google News
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Shanghai residents flock to sell gold as its price hit record highs

Shanghai residents flock to sell gold as its price hit record highs

The post Shanghai residents flock to sell gold as its price hit record highs appeared on BitcoinEthereumNews.com. Gold surged over the $5,500-per-ounce milestone
Share
BitcoinEthereumNews2026/01/31 01:48
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40