TLDR: Sony Innovation Fund leads Series A with $13M, lifting Startale’s disclosed funding to $20M total. Soneium Layer 2 shows traction with 500M+ transactions,TLDR: Sony Innovation Fund leads Series A with $13M, lifting Startale’s disclosed funding to $20M total. Soneium Layer 2 shows traction with 500M+ transactions,

Sony Innovation Fund Invests $13 Million in Startale Group to Advance Soneium Blockchain

TLDR:

  • Sony Innovation Fund leads Series A with $13M, lifting Startale’s disclosed funding to $20M total.
  • Soneium Layer 2 shows traction with 500M+ transactions, 5.4M wallets, and 250+ dApps since January 2025 launch.
  • Funding accelerates creator-centric, onchain entertainment using AI, IP, and Ethereum L2 rails at global scale.
  • Sony–Startale partnership deepens via Block Solutions Labs, backing vertical blockchain stacks.

Sony Innovation Fund has committed an additional $13 million to Startale Group, the co-developer of the Soneium blockchain platform. This investment represents the first tranche of Startale’s Series A funding round.

The capital injection brings Startale’s total disclosed funding to $20 million, following a $3.5 million seed round from Sony in 2023 and a $3.5 million seed extension from UOB Venture Management and Samsung Next in 2024.

Partnership Expansion Drives Infrastructure Development

The latest funding deepens the collaboration between Sony and Startale Group, which began over a year ago. Sony Block Solutions Labs Pte. Ltd., the joint venture behind Soneium, serves as the operational foundation for this partnership.

The continued investment signals Sony’s confidence in Startale’s execution capabilities and strategic vision for blockchain infrastructure.

Soneium has achieved notable growth since its mainnet launch in January 2025. The Ethereum Layer 2 network has processed over 500 million transactions and attracted 5.4 million active wallets.

More than 250 decentralized applications currently operate on the platform, establishing Soneium as a prominent player in the Layer 2 ecosystem.

The Startale App functions as the primary access point to Soneium’s ecosystem. It integrates wallet functionality with asset management and application access. Startale USD (USDSC) provides a unified settlement layer that connects applications, users, and payment systems across the network.

Startale Group announced the investment through its official social media channels, stating that Sony Innovation Fund’s follow-on investment reinforces “the long-term shared vision between Sony and Startale to build infrastructure for onchain entertainment.”

The company added that Startale will continue strengthening Soneium as “a creator-centric platform for creator-led value and participatory fan experiences in the AI era.”

Entertainment and AI Integration Shape Future Direction

The partnership addresses evolving challenges in the entertainment industry as generative AI transforms content creation and distribution.

Sony’s entertainment and technology expertise combines with Startale’s blockchain infrastructure capabilities. This collaboration aims to develop new models for intellectual property-led platforms and creator-centric monetization.

Sota Watanabe, CEO of Startale Group, emphasized the strategic nature of the relationship. “Startale has been an important partner to Sony since the early days of Soneium,” Watanabe said.

He explained that their 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.”

Kazuhito Hadano, CEO of Sony Ventures Corporation, described Startale’s comprehensive approach to blockchain development. “Startale is a company working across the blockchain space, from infrastructure to applications,” Hadano noted.

He highlighted the team’s global perspective and focus on “enabling new value flows built on on-chain technologies,” adding that Sony looks forward to “continuing to support Startale’s challenges and ambitions going forward.”

The funding will support Startale’s vertically integrated approach to on-chain infrastructure development. This includes expanding Soneium’s capabilities and enhancing the ecosystem’s application layer.

The partnership demonstrates institutional commitment to building entertainment-native blockchain platforms that bridge traditional media and decentralized technologies.

The post Sony Innovation Fund Invests $13 Million in Startale Group to Advance Soneium Blockchain appeared first on Blockonomi.

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 [email protected] 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

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

The post Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:26 While meme tokens like Pepe Coin and established networks such as Tron attract headlines, many investors are now searching for projects that combine innovation, revenue-sharing and real-world utility. BlockchainFX ($BFX), currently in presale at $0.024 ahead of an expected $0.05 launch, is quickly becoming one of the best cryptos to buy today. With $7m already secured and a unique model spanning multiple asset classes, it is positioning itself as a decentralised super app and a contender to surpass older altcoins. Early Presale Pricing Creates A Rare Entry Point BlockchainFX’s presale pricing structure has been designed to reward early participants. At $0.024, buyers secure a lower entry price than later rounds, locking in a cost basis more than 50% below the projected $0.05 launch price. As sales continue to climb beyond $7m, each new stage automatically increases the token price. This built-in mechanism creates a clear advantage for early investors and explains why the project is increasingly cited in “best presales to buy now” discussions across the crypto space. High-Yield Staking Model Shares Platform Revenue Beyond its presale appeal, BlockchainFX is creating a high-yield staking model that gives holders a direct share of platform revenue. Every time a trade occurs on its platform, 70% of trading fees flow back into the $BFX ecosystem: 50% of collected fees are automatically distributed to stakers in both BFX and USDT. 20% is allocated to daily buybacks of $BFX, adding demand and price support. Half of the bought-back tokens are permanently burned, steadily reducing supply. Rewards are based on the size of each member’s BFX holdings and capped at $25,000 USDT per day to ensure sustainability. This structure transforms token ownership from a speculative bet into an income-generating position, a rare feature among today’s altcoins. A Multi-Asset Platform…
Share
BitcoinEthereumNews2025/09/18 03:35
VivoPower To Load Up On XRP At 65% Discount: Here’s How

VivoPower To Load Up On XRP At 65% Discount: Here’s How

VivoPower International, a Nasdaq-listed B-Corp now pivoting to an XRP-centric treasury, said on September 16 it has structured its mining and treasury operations so that it can acquire the token “at up to a 65% discount” to prevailing market prices—by mining other proof-of-work assets and swapping those mined tokens. VivoPower Doubles Down On XRP The […]
Share
Bitcoinist2025/09/18 10:00
US Cryptocurrency Stocks Face Decline Amid Market Volatility

US Cryptocurrency Stocks Face Decline Amid Market Volatility

The post US Cryptocurrency Stocks Face Decline Amid Market Volatility appeared on BitcoinEthereumNews.com. Key Points: US cryptocurrency stocks, including MSTR
Share
BitcoinEthereumNews2026/01/30 05:06