Fireblocks Supports Sony’s Soneium Blockchain for Custody Services

Fireblocks has added support for Sony's Soneium blockchain, an Ethereum layer-2 network designed to connect Web2 and Web3. This new partnership allows Fireblocks to provide custody services on Soneium, which launched in January and currently holds $33.6 million in total value locked (TVL).

Fireblocks serves various large institutions, including banks.
Crypto custodians are crucial for institutional adoption of digital assets due to insurance requirements.
Soneium is developed in collaboration with Startale Labs and supports applications in gaming, finance, and entertainment.
Fireblocks aims to enhance secure digital ownership and foster innovation on the Soneium platform.