Sony-Backed Soneium to Launch Native Token in Tokenized-IP Push

The signal here is the direction of travel rather than the token itself: a Sony-affiliated chain is positioning around royalty-backed vaults and entertainment-linked bonds, tying on-chain issuance to cash flows from IP and live events rather than generic DeFi activity. That matters most for entertainment rights holders and the infrastructure players serving them, since distribution and legal structuring, not chain throughput, tend to decide whether such products scale. With no launch date or token details disclosed, whether the IP and royalty mechanics get concrete terms before the token does is the open question.