Oasys Collaborates with SBI Holdings to Enhance Blockchain Gaming in Japan

Oasys, a blockchain platform that provides both Layer 1 and Ethereum-based Layer 2 networks for game developers, has revealed a strategic alliance with SBI Holdings, Inc., a prominent Japanese financial conglomerate.

As stated in Oasys’ press release dated Aug. 29, this partnership is designed to enhance the growth of the Oasys ecosystem and facilitate the success of various blockchain games scheduled for release in 2024.

#Oasys @bora_ecosystem

Oasys is thrilled to collaborate with Kakao Games’ blockchain gaming subsidiary METABORA SG and investigate the possibilities of developing a game featuring premium IP for the Japanese market

This marks a strong beginning for 2024 under Oasys’ #DragonUpdate vision for… pic.twitter.com/rPzyg4Kj4X

— Oasys | Blockchain for Games (@oasys_games) February 22, 2024

Funding and Infrastructure for Blockchain Game Developers

Through its collaboration with SBI Holdings, Oasys also intends to enhance the liquidity of its OAS tokens, making them more available to investors and gamers.

Moreover, the partnership will equip developers with essential funding and infrastructure to create groundbreaking blockchain games. This initiative will contribute to the expansion of the Oasys ecosystem in Japan, draw in more partners and developers to the network, and foster a dynamic community.

Ryo Matsubara, Oasys’ Representative Director, noted that adequate funding and liquidity are crucial for ensuring the success of their partner games and the growth of the Oasys ecosystem.

“As a leading VC in the U.S. and a significant exchange group in the Chinese market, SBI is one of Japan’s largest financial conglomerates, and is ideally positioned to assist Oasys’ journey as a project originating from Japan.”

SBI Holdings, a financial powerhouse with a solid history of backing blockchain initiatives, has previously invested in firms such as Ripple (XRP) and R3. The collaboration with Oasys will enable SBI Holdings to broaden the applications of blockchain technology.

Oasys’ Strategy for Asian Expansion

In addition to SBI Holdings, major gaming entities like Sega, Ubisoft, and Yield Guild Games have already aligned with Oasys and support the network as validators.

Earlier this year, aiming to establish itself as a leading blockchain gaming platform in Asia, Oasys also formed a partnership with Metabora SG, a subsidiary of South Korean internet giant Kakao. This collaboration is part of Oasys’ Dragon Update, a central strategy for 2024 that emphasizes expanding the gaming blockchain through enhanced interoperability and cooperation with content creators.

#Oasys @bora_ecosystem

Oasys is excited to partner with Kakao Games’ blockchain game subsidiary METABORA SG and explore the potential for developing a game with premium IP for the Japanese market

This is a solid start to 2024 under Oasys’ #DragonUpdate vision for… pic.twitter.com/rPzyg4Kj4X

— Oasys | Blockchain for Games (@oasys_games) February 22, 2024

In February, Oasys announced a similar collaboration with South Korean game developer Com2uS, underscoring the increasing interest in blockchain-based games among South Korean developers aiming for global distribution.

OAS, the native token of Oasys, is currently valued at $0.0471, reflecting a 20.86% rise in price over the last 24 hours. The 7-day trend indicates a positive trajectory with a 51.21% increase.

With a circulating supply of 387.86 million OAS, the network boasts a total market capitalization of 72.06 million.

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