LINE says it’s not in bed with Sony’s Soneium after all

LY Corporation denied that its Web3 venture, Line Next, had entered into a business partnership with Soneium, a Sony-backed Ethereum layer-2 network.

The statement, issued on March 28, followed media reports and social media coverage that suggested a partnership had been finalized between LY and Soneium.

“These reports were based on an announcement made by Soneium on [March 12] that it plans to expand its business by using the LINE API and LINE Mini Apps on our platform, although no business…