Sony will promote the blockchain of its IP assets and plan to establish an investment fund to support the Soneium ecosystem Foresight News reported that according to NADA NEWS, Kazuto Hatano, the head of Sony's Ethereum second layer network Soneium on chain business, stated that Sony's blockchain business is moving from the experimental stage to the commercialization stage. The original "Advanced Infrastructure Business Exploration Department" has been renamed as the "Chain Business Strategy Department", repositioning blockchain as the company's strategic core. Sony will focus on exploring on chain IP in the IP field this year, using Soneium to build on chain IP infrastructure for core assets such as music, animation, games, movies, and sports. Currently, the company is synchronously designing relevant legal and regulatory frameworks. In addition, Sony is preparing to establish a GP/LP investment fund to accelerate investment in Soneium's applications and entertainment sectors by introducing external funds. At present, its incubation program SPARK has received over 2000 DApp applications, of which 23 projects have received investment. The Sony ecosystem also includes the cryptocurrency exchange S.BLOX, which aims to connect fiat currencies with digital assets.