Soneium, an Ethereum Layer 2 network developed by Sony Block Solutions Labs, plans to issue a native token called SONEIUM to create an economic layer connecting creators, intellectual property owners, builders, fans and investors. The Soneium Portal is intended to facilitate content discovery, issuance and investment, while automating royalty payments through smart contracts. Two products are planned: IP Vault, which supports royalty-backed assets, and IP Bonds, which aims to generate entertainment revenue. Launched on January 14, 2025, the network has more than 250 applications, approximately $9.38 million in total value locked and uses the USDSC stablecoin for settlements, while Sony invested $13 million in Startale in early 2025.
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