Transak to Support Global Onboarding for Soneium

29 Aug 2024

Transak x Sony (2)

Transak, a leading Web3 payments infrastructure provider, has joined forces with Soneium, to enable the onboarding of mainstream users to Soneium, an Ethereum layer 2 built using the OP Stack (Optimism), will focus on serving various Web3 applications across diverse use cases, including gaming, music, and more. Soneium was officially announced on August 23rd.

Transak’s integration into the Soneium ecosystem is noteworthy, as users get to onboard effortlessly into a solution backed by the global finance and media giant. As a trusted Web3 payments infrastructure provider, used globally by 350+ apps and 5.7M+ users, Transak ensures that all projects and tokens launched on Soneium are easily accessible to customers worldwide.

Transak’s regulated and compliant payment infrastructure, available in 160+ countries, enables users to buy or sell digital assets like tokens and NFTs through familiar payment methods such as credit cards, debit cards, Apple Pay, and Google Pay. Transak bridges the gap between Web2 and Web3, making blockchain technology user-friendly and inclusive.

Sota Watanabe, CEO of Startale, stated, “Our team is working closely with Transak, who share the mission to go Mainstream with Soneium. 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.”

The integration of Transak with Soneium will have a profound impact on the gaming industry. Gamers will benefit from a seamless experience where they can easily purchase, trade, and transfer in-game assets and non-fungible tokens (NFTs) using everyday payment methods. Additionally, Transak’s three different KYC levels and localized payment methods offer players an easy fiat-to-crypto way of conducting microtransactions without waiting for days to complete verification and conversion.

This accessibility fosters a broader adoption of blockchain technology within the gaming community, enhancing player engagement and enabling new monetization opportunities.

“We are thrilled to collaborate with Soneium in shaping the future of the Web3 ecosystem. By leveraging our robust payment infrastructure, we aim to make blockchain technology more accessible and inclusive for millions of users worldwide. 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

Beyond gaming, Soneium, supported by Transak, will power the entertainment industry. Musicians, filmmakers, and content creators will have new avenues to distribute and monetize their work. The blockchain’s transparency and security features ensure that intellectual property rights are protected, while its decentralized nature promotes fair compensation for creators.

About Transak

Transak is the world's most compliant and largest Web3 payments infrastructure provider, serving over 5.7 million users across 160 countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.

Headquartered in Miami, US, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.

For more information, visit transak.com or follow us on x.com/transak  and linkedin.com/company/transak.

About Soneium

Soneium, an Ethereum layer-2 developed by Sony Block Solutions Labs. This versatile chain is a general-purpose blockchain platform that aims to evoke emotion, empower creativity, and meet diverse needs to go mainstream. Soneium will be simplifying blockchain experiences while empowering developers, creators, and communities. Built on accessibility, scalability, and efficiency, it aims to solve real-world problems across industries globally. Soneium will change the way we interact with the internet, opening up a world of innovative applications and unlimited potential for users worldwide.


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About Sony Block Solutions Labs

A joint venture with Sony Group Corporation and Startale Labs Pte. Ltd. established to build a new network infrastructure using blockchain technology, Sony announced the planning and development of blockchain in September 2023, and in August 2024, The company name was changed from Sony Network Communications Labs Pte. Ltd.

 

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Transak Team