Sony-Backed S.BLOX Lists Cardano’s ADA and Midnight’s NIGHT in Japan

Sony-linked Japanese exchange S.BLOX formally enabled trading for Cardano’s $ADA on Monday, Aug. 24, and simultaneously listed $NIGHT, the native token of the Midnight sidechain, Crypto Economy reported.

The listings

S.BLOX operates under Sony On-Chain Technologies Inc., a Sony Group subsidiary that completed its acquisition of the exchange platform in August 2023. Through an announcement on X, the exchange confirmed the immediate availability of $ADA transactions and the listing of $NIGHT. The technical integration lets local users access the new trading pairs inside an environment regulated by Japanese financial authorities.

The addition of $NIGHT marks the first time the token has entered a domestic exchange in Japan, with S.BLOX documentation confirming no other domestic operator had technical support for the asset beforehand. The Midnight protocol launched its mainnet technical operations in March, and the $NIGHT token was issued in December 2025.

Promotions to drive adoption

To encourage uptake, S.BLOX launched two promotional programs: registered users can qualify for rewards of up to 10,000 yen in $ADA and bonuses of up to 14,000 yen in $NIGHT upon meeting the exchange’s operational requirements. The campaigns are scheduled to run throughout August, according to the schedule published on the exchange’s official channels.

Why the listing matters

Cardano founder Charles Hoskinson described the listing as significant given the rigorous technical evaluation and compliance processes required by Japan’s Financial Services Agency, addressing the integration during a recent livestream. Market observers said enabling the assets on a Sony-backed exchange could bolster liquidity for both tokens across the Asian region during the current quarter, and the move gives a major corporate backer a foothold in Cardano’s ecosystem. Cardano has been expanding its footprint in Asia as regulators there formalize digital-asset frameworks, and a listing with a Sony-backed operator gives the network a visible on-ramp for Japanese retail investors. The move also arrives as Japanese exchanges face stricter listing and custody standards than many offshore venues, making domestic approval a meaningful signal for the tokens involved.

The listing arrives even as the shifting U.S. regulatory treatment of Cardano remains in focus for investors.