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Soneium, an Ethereum layer-two project being jointly developed by Sony and Startale, announced plans on Oct. 26 to introduce tokenized intellectual property and issue its own SONEIUM token.
In an official X post, Soneium said “Soneium” plans to connect creators, fans and investors through tokenized IP. It said its official tokenized IP platform, the Soneium Portal, will support IP discovery and investment, while also rolling out IP Vault for investment in music copyright catalog funds and IP Bond to tokenize K-pop concert royalties. Soneium added the SONEIUM token is being designed as the economic base layer linking creators, IP owners, developers, fans and investors across the ecosystem, with a detailed issuance schedule to be announced later.