Sony’s Soneium blockchain partnered with Tranak for fiat on-ramp services.

Sony


Sony's Soneium has partnered with Tranak for fiat on-ramp into Ethereum Layer 2, allowing players to purchase NFTs through traditional payment methods at Sony. The partnership aims to drive blockchain adoption in the gaming and entertainment sectors.

Sony Block Solutions Labs, the innovation arm behind the recently launched Sonium Blockchain, has announced a strategic partnership with leading Web3 payment infrastructure provider Trunk.

The collaboration aims to simplify the onboarding process for end users to the Soneium blockchain, the Ethereum Layer 2 network, by enabling the use of traditional payment methods.

Encourage players and developers

The partnership is set to have a major impact on the gaming industry, a sector already known for digital assets and in-game currencies.

By integrating Transak's payment solutions, players can now buy, transfer and trade in-game assets and NFTs with traditional fiat currencies. This seamless integration is expected to lead to wider adoption of blockchain technology in the gaming community, providing new monetization opportunities for both developers and gamers.

Co-founder and CEO Sammy Starr emphasized the importance of the partnership. Innovative solutions that improve user experiences and drive digital transformation.

A step towards wider Sony adoption

Developed by Sony Block Solutions Labs, Sonium is built on the OpStack and designed to support consumer-grade applications. The network is a joint venture between Sony Group Corporation and Stathale Labs, along with notable early testers such as Circle, Optimism, Alchemy, The Graph, Chainlink and Astar Network.

Sota Watanabe, director of Sony Block Solutions Labs, highlighted the potential of this partnership, saying Transak's multi-industry dedicated solutions enable developers to build innovative projects on Soneium.

With reach in 160 countries and supporting more than 350 applications, Transc is poised to bridge the gap between traditional finance and blockchain technology and push the boundaries of what's possible in the gaming and entertainment industries.

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