LY Corporation responded to rumors of a partnership with Soneium, stating that no business arrangement has been established between the companies.
Announcement by LY Corporation
On March 28, LY Corporation issued a statement denying the rumored partnership with Sony-backed Soneium network. The information was based on Soneium’s March 12 announcement about utilizing LINE API and Mini Apps, yet no business cooperation was established.
Innovations in Japan's Blockchain Sector
LY Corporation, formed in 2023 through a merger, includes Line and other major companies. Line Next, launched in late 2021, raised $140 million and introduced Mini Dapps, offering games and social content within the LINE messenger.
Soneium and Promotion of Anime in Web3
Soneium, backed by Sony, announced on March 28 a partnership with Animoca Brands to promote anime culture in Web3. The Moca Network will create a decentralized identity layer for anime fans as a first step in this technological development.
The situation with rumors highlights the importance of clear communications amid growing interest in blockchain technologies and collaborations, especially concerning popular products such as anime and Dapps.