Sony-Backed Blockchain Soneium Sees Rapid Adoption with Over 500 Million Transactions

Sony, the parent company of PlayStation and music giant, has been quietly building a blockchain called Soneium since its mainnet launch in January 2025. The Ethereum L2 platform has already facilitated over 500 million transactions with 5.4 million active wallets and more than 250 live applications.

Soneium was co-developed by Sony Block Solutions Labs, a joint venture between Sony Group Corporation and blockchain firm Startale Group. While some may view it as just another corporate blockchain experiment, the numbers tell a different story.

According to Sota Watanabe, CEO of Startale Group, their vision is 'to bring the world onchain' with Soneium, which has already attracted over 14 million wallets during its testnet phase. The platform's goal is to enable fans and creators to own digital items that can travel with them across different platforms.

The Sony Innovation Fund recently invested an additional $13 million in Startale Group, further solidifying the partnership between the two companies.