Oasys Partners with SBI Holdings to Advance Blockchain Gaming

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Oasys, a blockchain platform specializing in the gaming industry, announced a strategic partnership with Japanese financial giant SBI Holdings on August 29, according to a press release.

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The partnership includes financial investment from SBI Holdings, which will be used to enhance the liquidity of Oasys’ native OAS tokens and support the continued expansion of the blockchain ecosystem.

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The financial details of this transaction were not disclosed at the time of writing.

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Triple-A Blockchain Games

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Oasys has previously collaborated with SBI Holdings on various initiatives, including listing OAS tokens on SBI VC Trade and integrating with SBINFT Market.

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This latest partnership further strengthens this relationship, aiming to enable Oasys to expand its operations and improve the infrastructure needed to support numerous blockchain-based games scheduled for release later this year.

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These games were developed in collaboration with prominent gaming companies such as SEGA and Ubisoft, who act as validators on the Oasys platform and have worked to create “Triple-A” Web3 games.

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The new alliance with SBI Holdings is expected to further enhance the network’s position, allowing Oasys to leverage the TradFi giant’s extensive experience and network in the cryptocurrency and blockchain sectors.

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Yoshitaka Kitao, CEO and Chairman of SBI Holdings, commented on the collaboration, noting that Oasys is positioning itself as a promising project in the gaming industry, particularly in Asia. He added:

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

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SBI and Blockchain

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SBI Holdings, a major Japanese financial conglomerate, has been deeply involved in the cryptocurrency and blockchain sector for many years. The TradFi giant has played a crucial role in expanding blockchain applications, particularly in financial services and gaming, through strategic partnerships and investments.

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The company’s involvement began with early investments in prominent blockchain projects such as Ripple in 2016 and R3 in 2017. It has also developed its own cryptocurrency exchange, SBI VC Trade, and launched an NFT platform.

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SBI’s involvement extends to the development of new financial products, such as crypto-based investment funds. The company recently partnered with Franklin Templeton to create a management company for cryptocurrency exchange-traded funds (ETFs), indicating a continued commitment to integrating digital assets into traditional financial services.