Pyth Network Partners with Sony and Startale to Launch the First Real-time Price Data on Soneium

Twitter icon  •  Published 4 महीने पहले on August 29, 2024  •  Hassan Maishera

On Wednesday, the Pyth Network announced via X that it partnered with Sony and Startale to launch the first real-time price data on Soneium, a new blockchain developed by Sony Block Solutions Labs.

Pyth Network Partners with Sony and Startale to Launch the First Real-time Price Data on Soneium

On Wednesday, the Pyth Network announced via X that it partnered with Sony and Startale to launch the first real-time price data on Soneium, a new blockchain developed by Sony Block Solutions Labs.

The partnership will advance the blockchain experiences for developers, apps, and users, with Pyth accelerating the adoption and growth of Sony’s Web3 infrastructure. With Pyth Price Feeds, developers on Soneium can tap into 500+ ultra-low-latency price feeds to ensure their apps are powered by precise market data of the same caliber as institutional players.

Furthermore, Sony Group and Startale Labs have launched the Soneium Spark incubation program to support early-stage projects across various sectors, including DeFi, Web3 Experience, and an Open Category for all creators. Pyth Network will be a day-one infrastructure partner and an incubation partner, helping to drive developer activity on Soneium’s testnet.

Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is up 1% in the last 24 hours, trading at $0.2812 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.