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Soneium Partners with Transak to Streamline Global Onboarding

Madonna by Madonna
08/30/2024

Soneium, the new Ethereum layer 2 blockchain platform, has announced a strategic integration with web3 payments provider Transak. This collaboration is designed to facilitate easier onboarding for mainstream users into the Soneium network, enhancing access to its Ethereum-based web3 infrastructure and services.

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Transak, a prominent U.S.-based payments provider with a global presence, including operations in Bengaluru, India, the United Kingdom, Italy, the United Arab Emirates, and Hong Kong, will play a crucial role in this initiative. The partnership aims to simplify the process for users to engage with Soneium’s blockchain services, which include various decentralized applications.

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Sony’s Strategic Move into Web3

The Soneium platform, introduced on August 23 by Sony Group through its Sony Block Solutions Labs, marks a significant venture into the blockchain and web3 space. Developed in collaboration with Startale Labs and utilizing the OP Stack, Soneium represents a major step for Sony into the Ethereum layer 2 ecosystem.

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The integration with Transak is part of a broader effort by Sony Block Solutions Labs to build a comprehensive web3 ecosystem. The platform has already partnered with several key players in the crypto space, including Optimism, Alchemy, Circle (USDC issuer), The Graph, Chainlink, and Pyth Network, which provides price feeds.

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Enhancing User Onboarding with Transak

Transak’s involvement will streamline global onboarding for Soneium users, leveraging its web3 payments infrastructure, which supports over 350 applications across 160 countries. The integration will enable users to access a variety of payment options, including bank transfers, credit/debit cards, Apple Pay, and Google Pay, making it easier to buy and sell digital assets and NFTs.

Sota Watanabe, Director of Sony Block Solutions Labs, emphasized the value of the partnership, noting that Transak’s comprehensive payment solutions will empower developers to create innovative projects on the Soneium platform. Watanabe expressed enthusiasm about working with Transak to advance Soneium’s mission of reaching mainstream users and supporting groundbreaking developments in gaming, music, and entertainment.

With this integration, Soneium aims to enhance its accessibility and appeal, paving the way for broader adoption of its blockchain technology and services.

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Madonna, the esteemed author of our blockchain website, is a recognized authority in the field. With a wealth of experience and expertise, she brings a profound understanding of blockchain technology. Her professional insights and commitment to excellence make her a trusted source for navigating the complexities of the blockchain industry.

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