Soneium Sony Chain announced that it will use L2 sorter profits to repurchase ASTR tokens
Startale Group announced that it will use the proceeds from the Sequencer of Soneium, an Ethereum L2 blockchain developed in collaboration with Sony Group, to purchase ASTR tokens on the market. This is done to further promote the integration and future asset consolidation of Soneium and Astar ecosystems. It is reported that Soneium is 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 ordering, packaging, and submission to Ethereum L1 while also collecting transaction fees.
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