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Japan’s Nikkei share average rose 0.3% to 37,890.15, buoyed by investor optimism over U.S. President Trump's potential flexibility on tariffs. The broader Topix gained 0.2%, with semiconductor stocks like Tokyo Electron and SoftBank Group contributing to the gains. However, a stronger yen pressured Japanese automakers, while Nintendo surged 5%, becoming the top gainer on the index.
Sony Group has launched Soneium, a layer-2 blockchain on Ethereum, aimed at enhancing user engagement and mainstream adoption in Web3. The platform, developed in collaboration with Startale Labs, features a public blockchain model and partnerships with industry leaders to support a scalable ecosystem.Key initiatives include the Fan Marketing Platform, set to debut in February 2025, which utilizes NFTs for improved fan interaction, and S.BLOX Inc., offering cryptoasset exchange services with incentives for new users. Soneium's testnet has already shown significant promise, processing 47 million transactions and attracting over 14 million wallets.
Sony has introduced Soneium™, a scalable public blockchain designed to integrate Web3 technology into everyday life. Built on Ethereum Layer 2 using Optimism’s OP Stack, Soneium aims to empower creators and enhance user engagement through accessible, developer-friendly applications. A testnet will launch soon, followed by a public mainnet, as Sony seeks to make decentralized services mainstream.
The Sei network, a Layer-1 blockchain built on the Cosmos SDK, is gaining traction for efficient digital asset transactions. Meanwhile, FIFA and Mythical Games are set to launch the free-to-play soccer game, FIFA Rivals, enhancing the blockchain gaming landscape. Additionally, Cantor Fitzgerald has acquired a 5% stake in Tether for up to $600 million, signaling significant investment interest in the crypto space.
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