News list for " Sony Bank"
Regulated stablecoin services Financial Institution Group Bastion has announced a strategic partnership with Sony Bank's joint stock company. Bastion and Sony Bank will partner to provide stablecoin services to Sony's affiliated companies. Bastion will be responsible for large-scale stablecoin issuance, reserve management, and custody for Sony Bank. In September 2025, Bastion completed a $14.60 million funding round led by Coinbase.
According to Nikkei coverage, Sony Bank will launch a dollar-pegged stablecoin in the United States as soon as fiscal year 2026. Sony Group plans to use the stablecoin for payments for games and anime content within its ecosystem.
Sony Bank has announced the launch of Sony Bank CONNECT, an application for Web3 entertainment. By using Sony Bank CONNECT, users can view their NFT collections anytime, anywhere.
Sony Bank has begun demonstration experiments by issuing stablecoins linked to legal tender currencies such as the Japanese yen. The experiment aims to reduce the transaction costs for individuals when making payments and transfers, while exploring the potential application of stablecoin as a payment method in intellectual property related businesses such as gaming and sports under Sony Group.
