Home
Cryptocurrency
Cryptocurrency News
Sony Backed Soneium Prepares Token Launch to Broaden Entertainment Reach

Sony-Backed Soneium Prepares Token Launch to Broaden Entertainment Reach

Soneium has not issued SONEIUM yet and has disclosed no details about its supply, distribution, or launch timeline.

Written by Rahul Dhingra, Edited by Rohan Pal | Updated: 26 October 2026 20:59 IST

Sony-Backed Soneium Prepares Token Launch to Broaden Entertainment Reach

Photo Credit: Unsplash/BoliviaInteligente

Soneium was developed through a collaboration between Sony Group and Startale Group

Click Here to Add Gadgets360 As A Trusted Source

Highlights

Soneium supports more than 250 applications
Its first IP project features the character Moriusa
Soneium Portal will initially focus on primary sales

Sony-owned Ethereum Layer 2 network Soneium has disclosed plans to launch a new ecosystem token named SONEIUM. This comes as the network diversifies into tokenised entertainment assets such as music, anime, video games, and others. As per a news update released on October 26 by Soneium, the suggested token would link creators, IP holders, developers, fans, and investors into one ecosystem, which has already been supporting 250+ applications. There has been no mention of any launch dates or details regarding the supply, distribution, or token generation events of SONEIUM.

Soneium Develops Tokenised Intellectual Property Projects Through Its Onchain Entertainment Strategy

The official announcement confirmed that no token had been issued, with more details to come in due course. Soneium, which has been created through a collaboration between Sony Group and Startale Group, has started creating a platform in which entertainment companies can fundraise based on their intellectual property, while fans can participate in the business around their work.

Sony Discussion

Explore More...

The new strategy from Soneium involves their tokenised IP, which is essentially a mechanism for the representation of intellectual property and the economic value that comes along with it in the blockchain world. This would mean that creators and entertainment companies have the ability to mint IP tokens for individual artists, studios, or entertainment properties. The tokens, depending on how they are structured, can act as digital collectibles or fungible currency inside the property economy.

CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports

The collectibles will be used as evidence of fandom, and fungible tokens can flow inside entertainment ventures. Certain offerings may incorporate automated revenue distribution systems, which will ensure distribution of revenue for qualifying participants based on their performance.

This is in regard to the first project, which will be carried out for a character named Moriusa. This character is the property of an entertainment company known as Super State Holdings, which is located in Tokyo. Soneium stated that the project would help with developing merchandise and other media related to the character.

The company is developing a separate platform named Soneium Portal through which customers can find out about tokenised entertainment projects and invest in them. The platform will first concentrate on the primary sales and then move on to fan participation and royalty distribution. This is backed by a three-tiered technical architecture known as Onchain IP Architecture, which captures intellectual property data and ensures that the rights and payments flow between parties.

Bitcoin Tests $79,000 Support as Oil Prices Surge and Fed Meeting Nears

In 2024, as part of Sony's Web3 exploration, the Japanese tech giant announced its own blockchain network, named Soneium. The layer-2 network is being built atop Ethereum in collaboration with Startale Labs, the team behind Astar Network. Sony established a new entity called Sony Block Solutions Labs (Sony BSL) to oversee the development and deployment of Soneium. This unit was a joint venture between Sony and Startale.

HSBC Unveils RedCoin Stablecoin, Plans HK$100 Tokenised Fund Investments

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Sony, crypto adoption, Ethereum, Blockchain

Rahul Dhingra

Email Rahul Dhingra

Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More

Fans Ask EA to 'Save Mass Effect' as Petition Gathers Over 2,00,000 Signatures