In January Sony went live with its Soneium blockchain, with the promise of taking web3 mainstream. Now Soneium has announced a collaboration with real world asset (RWA) tokenization blockchain Plume, aiming to make tokenized Treasuries and private credit available to Soneium users.
At a practical level, there’s Sony Bank, a digital only bank that has already offered its customers NFTs as rewards as well as tokenized assets, mainly in the form of real estate to date. Hence, apart from direct users of the Soneium blockchain, Sony Bank customers would make a good audience.
But before that happens, the Plume network needs to launch, which is rumored to be imminent. Plume is a permissionless Layer 1 blockchain, that’s compatible with Ethereum and dedicated to tokenization. It has many backers, including some firms linked to traditional finance (TradFi). Brevan Howard Digital and Nomura’s Laser Digital participated in a $20 million Plume funding in late 2024. And earlier this month, Plume announced an investment from Apollo Global, the private credit leader.
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