Sophon (SOPH) is preparing an announcement for June 25.

If anyone has forgotten, Sophon is an entertainment-focused blockchain that uses Hyperchain technology from zkSync.

The project raised $71.69 million, of which $61.69 was raised through node sales and $10 million in a funding round with participation from The Spartan Group, OKX Ventures, Maven 11 Capital, HTX Ventures, SevenX Ventures, and Paper Ventures.