Sony to pursue on-chain IP strategy on its Soneium network

Sony is pursuing an on-chain strategy for its intellectual property (IP) using its proprietary Ethereum Layer 2 network, Soneium, Japanese media outlet Nada News reported. The company has made the on-chain migration of its IP assets—spanning music, animation, games, and movies—a core objective for this year. It is currently building an IP infrastructure on Soneium while simultaneously designing the necessary legal and regulatory frameworks. Additionally, Sony plans to attract external capital to expand investments in applications and entertainment within the Soneium ecosystem.