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BULLISH 📈 : Sony Innovation Fund invests $13M in Startale’s Soneium Network
Startale Group Receives $13 Million Investment from Sony
- Startale Group secured a $13 million follow-on investment from Sony Innovation Fund on January 29, 2026.
- This funding increases Sony Group Corp.’s involvement with Startale and its Ethereum Layer 2 network, Soneium.
- The investment follows roughly a year after Soneium’s mainnet launched in January 2025.
- This round marks the first close of Startale's Series A, but valuation details remain undisclosed.
- Sony's operational and governance roles are unchanged, maintaining the existing partnership structure.
Soneium Network Performance
- Soneium transitioned to mainnet in January 2025, processing around 524 million transactions since then.
- For comparison, approximately 442 million transactions occurred on Avalanche and about 383 million on Algorand.
- Wallet growth reached 5.4 million active wallets, supporting over 250 live applications.
- Startale is recognized as a core contributor within the Astar Collective, enhancing ecosystem collaboration through shared incentives.
Product Stack and Stablecoin Layer
- Soneium operates via Sony Block Solutions Labs, integrating wallet features, asset control, and app access in the Startale App.
- Startale USD (USDSC) is live on Soneium mainnet, serving as a native settlement layer across apps and payments.
- USDSC will be the primary payment method on the network.
- Soneium was initially introduced in August 2024, focusing on entertainment, gaming, and consumer apps.
- Following its launch, Soneium released NFT-based fan tools linked to Sony entertainment assets.