Fireblocks, a crypto custodian technology provider, has announced its support for Sony's Soneium blockchain, an Ethereum layer-2 network designed to connect the traditional internet (Web2) with the emerging Web3 ecosystem. This move facilitates the use of Fireblocks' technology for crypto custody services on Soneium, marking a significant step towards institutional adoption of digital assets. The Soneium blockchain, a collaboration between Sony and Startale Labs, has recently commenced operations, focusing on applications in gaming, finance, and entertainment. Fireblocks' head of Web3, Omer Amsel, emphasized their commitment to creating a secure and innovative digital landscape for users and creators through this collaboration. The strategic initiative is crucial as institutional investors, such as hedge funds and family offices, require reliable custody solutions for their digital assets. This development showcases a pivotal advancement in the crypto custody space, supporting the vision of an open internet that transcends traditional boundaries.

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