Breaking
SERIES A: Startale closes $63M backed by Sony & SBI SONEIUM: Sony-built Ethereum Layer 2 live since Jan 2025 STRIUM: Layer 1 for tokenized securities & RWAs JPYSC: Japan's first trust-bank-backed yen stablecoin MISSION: Web3 for Billions HQ: Singapore · Team from 20+ countries SERIES A: Startale closes $63M backed by Sony & SBI SONEIUM: Sony-built Ethereum Layer 2 live since Jan 2025 STRIUM: Layer 1 for tokenized securities & RWAs JPYSC: Japan's first trust-bank-backed yen stablecoin MISSION: Web3 for Billions HQ: Singapore · Team from 20+ countries
Startale Group logo
Company Profile · Web3 Infrastructure

Startale Group.

Building the onchain stack for finance, entertainment, and everyday users - and betting that Web3 belongs to billions, not a few.

HQ Singapore Founded 2023 CEO Sota Watanabe Series A $63M

Startale Group's brand symbol. The Singapore-headquartered company sits at the center of a Web3 portfolio spanning the Sony-backed Layer 2 Soneium, the Astar Network, the Strium blockchain, and the JPYSC and USDSC stablecoins.

The Dispatch

The company quietly wiring finance onchain

In a corner of the crypto industry that prefers noise, Startale Group has spent its time building plumbing. The Singapore-headquartered company does not sell a single flagship token or a viral app. Instead it assembles the layers beneath onchain finance - blockchains, stablecoins, developer tools, and a consumer application - and stitches them into one integrated stack.

Founded in 2023 and led by chief executive Sota Watanabe, Startale describes its ambition in three words: "Web3 for Billions." The phrase is a slogan, but it is also a design brief. To reach billions, the company argues, someone has to build the rails that let ordinary money, securities, and applications move onchain without friction.

That is the work Startale has taken on. It co-operates Soneium, an Ethereum Layer 2 launched with Sony. It runs the Astar Network, the Layer 1 ecosystem Watanabe founded years earlier. It is building Strium, a blockchain purpose-built for tokenized securities and real-world assets. And it issues stablecoins - JPYSC in Japanese yen and USDSC in US dollars - to serve as the settlement currency for all of it.

In March 2026, that thesis attracted serious money. Startale closed a $63 million Series A anchored by two of Japan's most consequential institutions: Sony, through its innovation fund, and SBI Group, a financial-services giant. For a company that avoids hype, the backing was a quiet signal that Asia's capital markets are beginning to move onchain - and that Startale intends to build the road.

By The Numbers

The shape of the company

$63M
Series A raised
~50
Employees
20+
Countries on team
2
Stablecoins issued
2019
Astar founded

Figures from company disclosures and public reporting, 2026. Team size approximate.

"The close reflects strong conviction from our partners." Sota Watanabe, Founder & CEO, on the $63M Series A
Who It Serves

Three audiences, one stack

The customers

Startale serves three groups at once. Institutional financial firms - banks, brokerages, and asset managers - use its tokenized-securities rails and stablecoins. Web3 developers build on its cloud infrastructure and Layer 2 networks. And retail users, concentrated in Japan and across Asia, hold its stablecoins and open the Startale App.

That breadth is deliberate. By owning the layers from protocol to consumer interface, Startale can move value across the whole chain rather than depending on someone else's rails.

The problems it solves

Traditional finance and blockchain still speak different languages. Securities are hard to tokenize under real regulation. Stablecoins often lack the institutional backing banks require. Consumer crypto apps are clunky, fragmented, and intimidating.

Startale's answer is integration: a bank-backed yen stablecoin, a blockchain designed for regulated real-world assets, developer tools that hide crypto's complexity, and a single app that folds payments, asset management, and social features together.

The Portfolio

Products & services

Startale's output reads less like a single product and more like the components of an onchain economy - each one a layer in the same stack.

Layer 2 · 2025

Soneium

An Ethereum Layer 2 co-developed with Sony via the Sony Block Solutions Labs joint venture, focused on entertainment and consumer experiences. Mainnet launched January 2025.

Layer 1 · 2019

Astar Network

The public Layer 1 blockchain founded by Sota Watanabe, now operated inside the Startale portfolio, offering scalable and interoperable infrastructure.

Layer 1 · 2026

Strium

A blockchain built specifically for tokenized securities and real-world asset trading - positioned as Asia's onchain capital markets infrastructure.

Stablecoin · 2026

JPYSC

Described as Japan's first trust-bank-backed yen stablecoin, co-developed with SBI Group to bring compliant fiat settlement onchain.

Stablecoin · 2026

USDSC

A US dollar stablecoin enabling fiat-to-crypto integration, with functionality for onchain dividend and yield distribution.

Consumer App · 2025

Startale App

A consumer SuperApp folding asset management, mini-apps, payments, and social features into one interface - "Play, Explore & be Rewarded Onchain."

Infrastructure

Startale Cloud Services

Developer infrastructure - RPC nodes, SDKs, and account-abstraction tooling - that lets builders ship Web3 apps without wrestling the plumbing.

How It Works

The vertically integrated bet

Business model

Startale earns across the value chain rather than from one product. Enterprise and developer infrastructure services generate one stream; blockchain protocol operation another; stablecoin issuance and financial products a third; and consumer app engagement a fourth. The model favors durable infrastructure revenue over short-term token speculation.

What sets it apart

Most crypto companies specialize in one layer. Startale owns several - and its leadership has compared the approach to Tesla's control of both upstream and downstream of its value chain. Combined with formal joint ventures with Sony and Hakuhodo, that integration gives Startale a corporate credibility rare among Web3 startups.

Startale aims to bridge the traditional world and the onchain society - not chase small wins, but build the foundation. Company positioning
The Money

Inside the $63M Series A

The round arrived in two closes and drew from Japan's corporate heavyweights. Funds are earmarked for scaling Strium, expanding the stablecoins, and growing the Startale App into a SuperApp.

Sony Innovation Fund · First close (Jan 2026)$13M
SBI Group · Second close (Mar 2026)$50M
Series A total$63M

Additional strategic backers named publicly include Samsung Next and UOB Venture Management.

The Record

A timeline

2019

Astar Network founded

Sota Watanabe launches Astar, a Layer 1 blockchain ecosystem that later joins the Startale portfolio.

2022

Founder recognized

Watanabe is named to Forbes Asia 30 Under 30.

2023

Startale Group established

The company is formed in Singapore as a strategic Web3 infrastructure entity; Watanabe is named to Newsweek's 100 Most Respected Japanese in the World.

2025

Soneium mainnet launches

The Sony-Startale joint venture launches the Soneium Ethereum Layer 2 in January.

2026

$63M Series A closes

Sony and SBI anchor the round to scale Strium, the stablecoins, and the Startale App.

Standing & Alliances

Expertise, partners, and recognition

The expertise

Startale's roughly 50-person team spans more than 20 countries, with talent drawn from Binance, Polygon, Google, Microsoft, and Y Combinator. Its leadership includes CEO Sota Watanabe - a Japan Blockchain Association board member who has advised on national Web3 strategy - alongside COO Yuji Kumagai.

The alliances

The company's credibility rests heavily on who it builds with: a Layer 2 joint venture with Sony (Sony Block Solutions Labs), a stablecoin partnership with SBI Group, and a Web3 marketing venture with advertising firm Hakuhodo (Hakuhodo Key3).

The Landscape

Where it fits in the market

Startale operates at the intersection of two fast-moving markets: real-world asset tokenization and Web3 infrastructure. Its competitive field includes stablecoin issuers like Circle, RWA specialists such as Ondo Finance and Securitize, and Layer 1/Layer 2 ecosystems like Polygon - as well as traditional financial-market infrastructure now inching onchain.

What distinguishes Startale is its regional anchoring and corporate ties. Rooted in Japan and headquartered in Singapore, it is positioned to serve Asian institutions that want compliant, bank-grade onchain finance. The Sony and SBI relationships give it distribution and regulatory standing that pure-play crypto startups struggle to match.

The bet is that the next wave of crypto adoption comes not from speculation but from institutions moving securities, currencies, and payments onto shared ledgers. If that thesis holds, the companies that own the underlying rails stand to matter most. Startale is building to be one of them.

Questions

Frequently asked

What does Startale Group do?

Startale builds vertically integrated Web3 infrastructure - Layer 1 and Layer 2 blockchains, stablecoins, tokenized-securities rails, developer tools, and a consumer app - to bring finance and everyday users onchain.

Who founded and leads Startale Group?

Sota Watanabe is the founder and CEO. He previously founded Astar Network and is a prominent figure in Japan's Web3 policy and industry.

Who backs Startale Group?

Its $63M Series A was led by SBI Group and Sony Innovation Fund, with additional backing from investors including Samsung Next and UOB Venture Management. Startale co-operates the Soneium Layer 2 with Sony.

What are Startale's main products?

Soneium (Ethereum Layer 2), Astar Network, Strium (blockchain for tokenized securities and RWAs), the JPYSC and USDSC stablecoins, the consumer Startale App, and Startale Cloud Services for developers.

Where is Startale Group based?

Startale Group is headquartered in Singapore, with strong roots and business in Japan and a team spanning more than 20 countries.

Go Deeper

Links & sources

Reporting compiled from public sources, July 2026. Figures are as disclosed and may be approximate.