Samsung Next, Samsung Electronics' Venture Arm, Invests in Development Team Startale Labs for Project Soneium
Publication Time:2024-09-04 10:52:08
In the latest investment move, Samsung Next, the flagship venture arm of Samsung Electronics, announced that it has invested in the development team Startale Labs for the project Soneium. This action further strengthens Samsung's position in the cryptocurrency and blockchain technology fields. Prior to this, Sony and Startale Labs jointly developed the Ethereum Layer2 network Soneium which was successfully launched on the test net, indicating progress in improving Ethereum's transaction speed and lowering transaction costs. With the investment injection from Samsung Next, Startale Labs is expected to gain more resources and support, speeding up the development of the Soneium project, while also promoting technological innovation and application expansion in the entire cryptocurrency industry.
Samsung Electronics
Startale Labs
Soneium
Samsung Next
Ethereum Layer2 Network