Startale Labs raises $63 million in Series A funding, led by Sony Innovation Fund.

Mars Finance reported on March 26th that Singapore-based Web3 infrastructure company Startale Labs announced the completion of a $63 million Series A funding round. The round was led by Sony Innovation Fund, with participation from Asian industry and financial giants including Samsung Next, UOB Venture Management, and SBI Holdings. This funding round more than doubles the company's valuation since its seed round expansion in early 2024. The funds will primarily be used for: • Globally promoting the "Startale Super App": integrating the USDSC stablecoin as a unified settlement layer for on-chain entertainment. • Expanding the "Soneium Spark" incubation program: this program has already attracted over 250 decentralized applications covering games, music, and AI content creation. • Developing "entertainment-native" blockchain tools: helping traditional media companies tokenize their intellectual property and interact directly with global fans. • Advancing the development of the Japanese Yen stablecoin (JPYSC): focusing on the regulated financial sector and promoting it as a major liquidity trading pair on the Soneium network, enabling 24/7 cross-border settlement in the Asia-Pacific region.