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Techub News, according to crypto.news, Startale Group announced the integration of Privacy Boost, developed by Sunnyside Labs, into its Sony-supported Soneium application, providing users with self-custody privacy protection and zero-knowledge payment functionality, supporting sub-500 millisecond proof generation and over 1,800 transactions per second.
Techub News reported, according to NADA NEWS, Kodai Hatano, the head of the on-chain business for Sony's Ethereum L2 network Soneium, stated that Sony's blockchain business has officially transitioned from the experimental phase to the commercialization phase. The company has renamed the original "Advanced Infrastructure Business Exploration Department" to the "On-Chain Business Strategy Department," repositioning blockchain as a core strategic focus for the group. Sony plans to prioritize the on-chain transformation of its core IPs, including music, animation, games, movies, and sports, this year, utilizing Soneium to build on-chain IP infrastructure. Additionally, Sony is preparing to establish a GP/LP-type investment fund to accelerate investment in applications and the entertainment sector within the Soneium ecosystem by introducing external capital. Currently, its incubation program SPARK has received over 2,000 applications, with 23 projects already receiving investment. The Sony ecosystem also aims to achieve seamless connectivity between fiat currency and digital assets through its exchange, S.BLOX.
Techub News, Web3 entertainment company YOAKE has received an additional strategic investment of approximately $3.2 million from the Sony Innovation Fund. The funds will be used to accelerate the expansion of on-chain entertainment scenarios on Sony's blockchain network, Soneium. The company is developing the "IRC APP" based on Soneium, which uses the $REC token to record and reward fan support activities, creating a transferable value system. YOAKE plans to upgrade this mechanism into infrastructure supporting various IPs such as music, film and television, games, and anime, using Japan's "support culture" as an entry point to promote product globalization and connect with global fan communities. The company has raised a total of approximately $4.45 million to date.
Techub News reported, according to NADA News, that JPY stablecoin issuer JPYC announced the signing of a basic agreement for a strategic business partnership with Sony Bank, with Sony Bank's Web3 business subsidiary BlockBloom also participating in the collaboration. Both parties aim to build a seamless mechanism connecting banking infrastructure, stablecoins, and the entertainment sector. They are currently exploring the implementation of real-time account transfer functionality on the "JPYC EX" platform provided by JPYC, allowing users to purchase JPYC directly from their Sony Bank accounts without additional transfer steps. Furthermore, both sides will explore collaborations with entertainment IPs such as music and games, with the goal of creating new experiences that integrate payments and fan interaction.
Techub News reports, according to NADA News, Japanese yen stablecoin issuer JPYC has signed a strategic cooperation memorandum of understanding with Sony Bank and its Web3 subsidiary BlockBloom. The parties plan to offer real-time bank account transfer functionality on the "JPYC EX" platform, allowing users to purchase JPYC directly from their Sony Bank accounts without manual remittance. Furthermore, both sides will explore collaborations with entertainment IPs such as music and games, applying JPYC to digital content purchases and fan rewards.
Techub News, according to Nikkei, Sony Bank will issue a dollar-pegged stablecoin in the U.S. as early as fiscal year 2026, using it for payments of games and anime within its ecosystem.
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