PANews reported on April 17th that, according to NADA News, Sony stated its blockchain business is moving from the experimental stage to the commercialization stage, with IP on-chaining as a core direction. Based on the Ethereum Layer 2 platform "Soneium," the company is building an ecosystem encompassing DApps, the SPARK incubation program, and the S.BLOX exchange. Currently, it has selected 23 projects from over 2000 for investment and is preparing a GP/LP fund to attract external funding. Sony is exploring the activation of music, game, and film IP assets through blockchain and is advancing related legal and institutional design.