Oasys, an innovative blockchain platform specifically designed for the gaming industry, has announced a groundbreaking strategic partnership with SBI Holdings, one of Japan's most prominent financial conglomerates, as revealed in a press release dated August 29.
This significant collaboration includes a substantial financial investment from SBI Holdings, which will be strategically allocated to enhance the liquidity of Oasys' native cryptocurrency, OAS tokens, while simultaneously supporting the continued expansion and development of its thriving blockchain gaming ecosystem.
While specific financial terms of this landmark deal remain confidential at the time of publication, the partnership signals a major step forward in bridging traditional finance with blockchain gaming innovation.
Oasys and SBI Holdings have previously established a strong working relationship through multiple joint initiatives, including the successful listing of OAS tokens on SBI VC Trade and seamless integration with the SBINFT Market.
The newly forged partnership aims to further solidify these existing connections, empowering Oasys to significantly scale its operational capabilities and enhance the robust infrastructure necessary to support the anticipated launch of numerous blockchain-based gaming titles scheduled for release before the end of the year.
These cutting-edge games have been developed through collaborative efforts with globally recognized gaming industry leaders such as SEGA and Ubisoft, who also serve as key validators on the Oasys network. The collective objective is to create a new generation of "Triple A" web3 gaming experiences that combine traditional gaming excellence with blockchain innovation.
The expanded alliance with SBI Holdings is positioned to further strengthen the network's market presence, enabling Oasys to leverage the extensive expertise, resources, and industry connections that the TradFi giant has cultivated across the cryptocurrency and blockchain sectors.
Yoshitaka Kitao, CEO and chairman of SBI Holdings, expressed his enthusiasm for the collaboration, highlighting Oasys as a particularly promising venture within the rapidly evolving gaming industry, especially in Asian markets. He emphasized the potential for this partnership to accelerate mainstream adoption of blockchain gaming technologies.
SBI Holdings, a powerhouse in Japan's financial landscape, has demonstrated a long-term commitment to the advancement of crypto and blockchain technologies, with active involvement spanning several years. The financial conglomerate has played a pivotal role in expanding practical blockchain applications across various sectors, with particular emphasis on financial services and digital entertainment through strategic partnerships and targeted investments.
The company's journey into blockchain began with early strategic investments in pioneering projects such as Ripple in 2016 and R3 in 2017, demonstrating foresight in the emerging blockchain space. Building on this foundation, SBI has developed its own cryptocurrency exchange platform, SBI VC Trade, and launched a dedicated NFT marketplace to support the growing digital collectibles ecosystem.
SBI's blockchain engagement extends beyond infrastructure development to include the creation of innovative financial products, such as cryptocurrency-based investment vehicles. The recent collaboration with Franklin Templeton to establish a crypto exchange-traded fund (ETF) management company underscores the firm's ongoing dedication to seamlessly integrating digital assets into traditional financial frameworks, paving the way for broader institutional adoption of cryptocurrencies.