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Oasys’ strategic partnership with SBI Holdings will solidify Oasys’ position in the blockchain gaming space

2024/08/30 05:26

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Oasys, a blockchain platform focused on the gaming sector, has formed a strategic partnership with Japan's financial giant, SBI Holdings.

This partnership aims to bolster the liquidity of Oasys’ native OAS tokens and support the platform's broader blockchain ecosystem.

Oasys and SBI Holdings have collaborated in the past

Oasys and SBI Holdings have previously collaborated on initiatives such as listing OAS tokens on SBI's VC Trade platform and integrating with the SBINFT Market.

The new partnership aims to scale Oasys' operations, particularly in preparation for several blockchain-based games set to launch later this year.

These games, developed in partnership with industry giants like SEGA and Ubisoft, are positioned as "Triple A" web3 titles.

Oasys and SBI Holdings partner to strengthen Oasys’ position in blockchain gaming

SBI Holdings' involvement is expected to solidify Oasys’ position in the blockchain gaming space, especially in Asia.

SBI CEO Yoshitaka Kitao emphasized that the partnership will expand the use cases for blockchain technology in gaming.

“We believe this partnership will expand the use cases for blockchain technology, particularly in the gaming sector.”

SBI’s Role in Blockchain

SBI Holdings has been a key player in the blockchain space for years, with investments in projects like Ripple and R3.

The company’s engagement began with early investments in prominent blockchain projects like Ripple in 2016 and R3 in 2017. The firm has also developed its own crypto exchange, SBI VC Trade, and launched an NFT platform.

SBI’s involvement also extends to developing new financial products, such as cryptocurrency-based investment funds. The company recently partnered with Franklin Templeton to create a crypto exchange-traded fund (ETF) management company, indicating its ongoing commitment to integrating digital assets into traditional financial services.