Sony blockchain Soneium partners with Transak for global fiat on-ramp services
Quick Take
- Transak has partnered with Sony to provide fiat onramps for their blockchain project Soneium.
- The partnership will enable users to employ traditional payment methods to onboard into the ecosystem.
Web3 payments infrastructure provider Transak has partnered with Soneium, an Ethereum Layer 2 developed by Sony Block Solutions Labs, to provide onboarding solutions for mainstream users into the new blockchain project.
The integration of Soneium and Transak is expected to impact the gaming industry in particular and facilitate “a broader adoption of blockchain technology within the gaming community," and could create new monetization opportunities, according to a company press release.
“This collaboration underscores our commitment to bridging the gap between Web2 and Web3, empowering industries such as gaming and entertainment with innovative solutions that enhance user experiences and drive digital transformation," Transak Co-Founder and CEO Sami Start said in the press release.
Gamers using the products could purchase, transfer and trade in-game assets and NFTs using traditional payment methods enabled by Transak.
The CEO of Soneium co-development company Startale, Sota Watanabe, said Transak’s “dedicated solutions for multiple industries will empower developers to build innovative solutions, and we look forward to supporting the development of groundbreaking projects on Soneium.”
Transak is a web3 payments infrastructure provider that operates in 160 countries, powers over 350 applications and boasts over 5.7 million users. In July, it announced a partnership with Uniswap to facilitate fiat on-ramp services for the Uniswap wallet.
The Soneium blockchain is an Ethereum Layer 2 based on the Op Stack designed to build consumer-grade applications. It is a joint venture between Sony Group Corporation and Startale Labs. Circle, Optimism, Alchemy, The Graph, Chainlink, and the Astar Network will all be early experimenters with the network.
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