Sony – The Shib Daily

Sony Bank to Launch New Yen-Pegged Stablecoin with Ethereum Layer 2

September 10, 2024

Sony Bank, a subsidiary of Sony Group Corporation, is venturing into the cryptocurrency space by developing a yen-backed stablecoin. This initiative, in collaboration with Ethereum Layer 2 scaling solution Soneium, aims to bolster transaction efficiency and reduce costs by operating on a second-layer protocol.

Blockchain·Community·Markets·Technology

Sony’s Bold Crypto Ambitions Unveiled: Subsidiary Rebrands as S.BLOX, Platform Overhaul Underway

July 1, 2024

Sony Group’s subsidiary WhaleFin is rebranding as S.BLOX Co., signaling a renewed focus on its crypto trading services and closer integration with the Sony Group ecosystem. Contrary to recent reports suggesting a new acquisition, Sony Group had acquired Amber Japan’s WhaleFin nearly a year ago, last August. This acquisition highlighted Sony’s foresight in tapping into