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Home Business

Uniswap Integrates Sony’s Soneium to Improve Trading Experience

6 May 2025
in Business, News
Reading Time: 3 mins read
108 1
Uniswap Integrates Sony’s Soneium to Improve Trading Experience

Source: Uniswap

Uniswap Labs announced on May 6 that its network Soneium is now live on both the Uniswap wallet and web app, allowing users to seamlessly bridge assets, trade tokens, and provide liquidity using familiar tools. This integration enhances the user experience and expands the functionality within the Uniswap ecosystem.

Soneium launched its mainnet in January 2025 to enhance digital entertainment by connecting creators and fans while protecting intellectual property. The platform has hosted NFTs for the anime Solo Leveling, distributed digital collectibles at concerts, and facilitated ticketing for Japanese idol groups. Sony’s vision, articulated by Jun Watanabe, Chairman of Sony Block Solutions Labs, focuses on integrating its creative ecosystem with blockchain technology to create a world-class environment for creators, fans, and developers. He also highlighted the role of Uniswap’s tools in enabling seamless Web3 engagement for Soneium users.

Sota Watanabe, CEO of Startale, emphasized that the partnership with Uniswap enhances users’ access to the on-chain economy. He noted that Uniswap provides a strong platform for Soneium to reach a global audience, which boosts the project’s growth potential. Watanabe highlighted that Startale is focused on building blockchain infrastructure that supports global innovation, and the collaboration with Uniswap Labs offers a reliable distribution layer. Integrating Uniswap’s DEX infrastructure with a scalable Layer-2 network aims to facilitate user participation in a creator-led economy.

Uniswap Labs, in turn, highlighted that this collaboration aligns with its mission to foster open, permissionless markets. By eliminating the lock-in of assets to isolated platforms, creators can now maximize the value of their work. Through Uniswap’s infrastructure, they can seamlessly share and earn across the broader ecosystem, extending their reach and opportunities.

In addition, the Uniswap Foundation recently released its 2024 financial report, which showed nearly $5.8 million in expenditures, covering operations, audits, salaries, and ecosystem engagement. Despite these costs, the foundation generated over $1.1 million in revenue from donations, dividends, and interest.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: SoneiumSonyUniswap
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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