Sony to Launch New Crypto Exchange After Acquisition
Sony is set to launch a new cryptocurrency exchange subsidiary by overhauling the local trading platform WhaleFin, which it acquired last year.
This news was announced in a press release on PR Times.
WhaleFin has been rebranded to S.BLOX Co. and plans to collaborate with other Sony Group businesses to enhance the value of its crypto trading services.
The revamp will include a redesigned user interface and a new, more user-friendly mobile app. However, the exact launch date for the S.BLOX crypto exchange has not been disclosed.
READ MORE: Peter Schiff Criticizes Bitcoin’s Q2 Performance Compared to Gold
Originally, the crypto trading entity was known as DeCurret, a Japanese crypto exchange acquired by the Japanese subsidiary of Singapore’s Amber Group in 2022.
In August 2023, Sony’s wholly-owned subsidiary Quetta Web Co. took over the platform.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
