Soneium announces that it will use L2 sorter revenue to buy back ASTR tokens

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According to ChainCatcher, Startale Group announced that they will use the revenue from the Sequencer of Soneium, an Ethereum L2 blockchain jointly developed with Sony Group, to purchase ASTR tokens in the market, further promoting the integration of Soneium and Astar ecosystems and future asset mergers.

It is reported that Soneium is an Ethereum L2 developed and operated by Sony Block Solution Labs (jointly owned by Sony headquarters and Startale), and led by Astar founder Sota Watanabe. Its Sequencer is responsible for transaction sorting, packaging, and submission to Ethereum L1, while collecting transaction fees.

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