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Square Enix plans to issue tokens and invest heavily in Web3 gaming

Published 05/16/2022, 01:34 AM
Updated 05/16/2022, 03:20 AM
Square Enix plans to issue tokens and invest heavily in Web3 gaming

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.

Square Enix (SE) is a Japanese game developer with $3 billion in assets under management according to its latest earnings report. The firm owns the Final Fantasy property and sold the Tomb Raider franchise for $300 million on May 3.

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