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 conglomerate, SBI Holdings, according to a press release on August 29.

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

Financial details of the agreement were not disclosed as of publication.

Triple-A blockchain games

Oasys has previously collaborated with SBI Holdings on various initiatives, including the listing of OAS tokens on SBI VC Trade and integration with the SBINFT marketplace.

The latest partnership aims to further strengthen these ties, enabling Oasys to scale its operations and enhance the infrastructure needed to support the launch of multiple blockchain-based games scheduled for release later this year.

The games have been developed in collaboration with major gaming companies such as SEGA and Ubisoft, which also serve as validators on the Oasys platform, in an effort to create “Triple A” web3 games.

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

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

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

SBI and the blockchain

SBI Holdings, a major Japanese financial conglomerate, has been involved in the cryptocurrency and blockchain sectors for several years. The traditional finance giant has played a significant role in expanding blockchain applications, particularly in financial services and gaming, through strategic partnerships and investments.

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

SBI’s involvement also extends to the development of 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.