Oasys Partners with SBI Holdings to Advance Blockchain Games in Japan
Date: 2024-08-30 Author: Henry Casey Categories: BLOCKCHAIN
Oasys, a blockchain platform offering both Layer 1 and Ethereum-based Layer 2 networks for game developers, announced a strategic partnership with SBI Holdings, Inc., a major Japanese financial conglomerate. This collaboration aims to accelerate the growth of the Oasys ecosystem and support the successful launch of multiple blockchain games planned for 2024.
Funding and Infrastructure for Blockchain Game Developers
By joining forces with SBI Holdings, Oasys also plans to increase the liquidity of its OAS tokens, making them more accessible to investors and gamers.
In addition, the partnership will provide developers with the necessary funding and infrastructure to create innovative blockchain games. This will help expand the Oasys ecosystem in Japan, attract more partners and developers to the network, and build a vibrant community.
According to Ryo Matsubara, CEO of Oasys, sufficient funding and liquidity are essential to ensure the success of their partner games and the expansion of the Oasys ecosystem. “As one of Japan’s largest financial conglomerates with a strong position in the Chinese market, SBI is ideally positioned to support the development of Oasys as a project that originates from Japan.”
SBI Holdings, a financial giant with a successful track record of supporting blockchain projects, has previously invested in companies such as Ripple (XRP) and R3. The partnership with Oasys will allow SBI Holdings to expand its use of blockchain technology.
Oasys’s strategy for expansion in Asia
In addition to SBI Holdings, major gaming companies such as Sega, Ubisoft, and Yield Guild Games have already joined Oasys and are supporting the network as validators.
Earlier this year, in an effort to become the leading blockchain gaming platform in Asia, Oasys also partnered with Metabora SG, a subsidiary of South Korean internet giant Kakao. The partnership is part of Oasys’ “Dragon Update,” a key strategy for 2024 that focuses on expanding the blockchain gaming platform through increased interoperability and collaboration with content creators.
In February, Oasys announced a similar partnership with South Korean game developer Com2uS, highlighting the growing interest in blockchain gaming among South Korean developers looking to expand globally.
The OAS token, which is Oasys’ native token, is currently trading at $0.0471, up 20.86% in the last 24 hours. The trend over the last 7 days shows a positive move with an increase of 51.21%. With a circulating supply of 387.86 million OAS, the total market cap of the network is 72.06 million.
