Jun. 25, 2026
London, United Kingdom, June 25th, 2026, Chainwire
A $60M-raised L2 team chooses apps over infra. First product, Pyre, launches a new consumer category: entertainment finance. $SOPH joins Base as one of the largest project tokens in the ecosystem.
Sophon today announced it is sunsetting its ZK-powered layer-2 blockchain and relaunching as SOPH, a consumer product studio building on Base. The company is the first well-funded L2 team to publicly act on a thesis it has been signaling since September 2025: the infrastructure era of crypto is over.
Sophon raised $60M in 2024 to build a platform for onchain consumer experiences. That mission is unchanged. What’s changed is the company’s view of where the value gets created.
