Highlights:
- Oasys partners with SBI Holdings to enhance OAS token liquidity and boost its gaming ecosystem.
- The partnership supports the growth of blockchain gaming in Japan with SBI’s strategic involvement.
- Oasys builds on existing collaborations with gaming giants like Sega and Ubisoft to expand in Asia.
Oasys, a gaming blockchain platform, has announced a partnership with SBI Holdings, Inc., one of Japan’s largest financial groups. The collaboration aims to enhance the liquidity of the $OAS token and expand the Oasys ecosystem within the blockchain gaming sector.
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#Oasys🤝 SBI Holdings
We're thrilled to announce we've secured funding from one of Japan’s largest financial conglomerates!
Partnering with #SBIHolding will propel Oasys to new heights, enhance $OAS token liquidity and strengthen our growing ecosystem.
With the backing of… pic.twitter.com/1N5Hj57MUF
— Oasys | Blockchain for Games (@oasys_games) August 29, 2024
SBI Holdings’ investment and partnership support Oasys, which has already made significant strides in the Asian market. By joining forces with SBI, Oasys plans to increase the accessibility and liquidity of its native token, $OAS, benefiting both investors and gamers. The strategic move aims to foster the growth of blockchain gaming, attracting more developers and partners to the platform.
Oasys has proactively expanded its network and built relationships with prominent gaming companies such as Sega and Ubisoft. This new partnership with SBI Holdings further solidifies Oasys’ position in the blockchain gaming landscape. The collaboration will allow the platform to leverage SBI’s extensive experience in blockchain and cryptocurrency investments, including early investments in Ripple and R3.
Oasys Expands Ecosystem Through Strategic Investments
The recent partnership with SBI Holdings follows a series of strategic moves by Oasys to grow its presence in the blockchain gaming market. Earlier this year, Oasys collaborated with SBINFT Market, an NFT platform run by an SBI Group subsidiary. This integration enables developers on the Oasys platform to sell approved NFTs through the SBINFT Market. Consequently, this promotes the development of crypto gaming in Japan and expands Oasys’ reach in the Japanese NFT market.
Additionally, Oasys’ collaboration with SBI aims to provide the necessary funding and infrastructure to support the creation of innovative blockchain games. This initiative aligns with Oasys’ strategy to become a leading platform in Asia’s blockchain gaming industry as the company continues to attract partnerships with major players like Sega, Ubisoft, and Yield Guild Games.
Oasys’ representative director, Ryo Matsubara, highlighted the importance of securing sufficient funding and liquidity to ensure the success of the games being developed by their partners.
Matsubara said:
Partnering with SBI Group ensures we have a strong ally in this market. As one of Japan’s largest financial conglomerates, SBI is ideally positioned to support Oasys’ journey as a project originating from Japan
SBI Holdings has a strong track record of supporting blockchain initiatives and is well-positioned to help Oasys expand its ecosystem.
Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings, stated:
Oasys is a highly promising project as a blockchain specifically designed for gaming. From its inception, it has included several globally renowned game development companies as initial validators
Strategic Collaborations and Market Impact
The partnership is a part of Oasys’s broader strategy to become a leading blockchain gaming platform in Asia. This strategy involves increasing interoperability and collaboration with content creators. Oasys has also formed partnerships with South Korean game developers like Com2uS and internet giants such as Kakao, further reinforcing its position in the gaming sector.
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
Oasys’s native token, $OAS, is trading at $0.04644, a 17% increase in the last 24 hours. The token’s value has also surged by 45% over the past week. The market capitalization and the trading volume are at $100 million and $18 million, respectively.
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