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Sony kicks off comprehensive Web3 strategy with launch of Soneium platform

Japanese electronics and entertainment giant Sony has announced the launch of a comprehensive Web3 strategy using the Soneium platform, an in-house developed Ethereum layer 2 solution.

The platform, which recently launched on mainnet, is specifically designed to facilitate content creators’ entry into the blockchain world and connect with their fans. Soneium was announced in August last year and quickly began its testnet phases.

Also in September, USDC, the second largest stablecoin in the cryptocurrency market, was added to the platform. As part of the launch, S.BLOX, a subsidiary of Sony, will launch a new exchange called S.BLOX, which will act as a bridge for users to buy cryptocurrencies and interact with applications on Soneium.