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Oasys Secures Major Funding from SBI Holdings to Boost Gaming Blockchain

CryptonewslandCryptonewsland2024/08/30 10:21
By:Cryptonewsland
  • SBI Holdings’ investment in Oasys boosts $OAS token liquidity and supports blockchain gaming growth with major releases by late 2024.
  • The Oasys-SBI partnership enhances the broader Web3 gaming sector, drawing on SBI’s blockchain expertise and past successes with Ripple and R3.
  • Oasys aims to become a global hub for Japanese Web3 content, with SBI’s backing driving future growth and innovation in blockchain gaming.

SBI Holdings, one of the largest banks in Japan, has made a financial contribution to Oasys, a blockchain gaming platform. Because of this strategic partnership, Oasys should have a better reputation in the blockchain gaming industry .

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The goal of the additional money is to expand the ecosystem and boost $OAS, Oasys’ native token,’s liquidity. The collaboration helps Oasys achieve its objective of reinventing blockchain gaming with strong backing from the gaming sector.

#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’ Track Record in Blockchain

Large gaming firms have been drawn to Oasys since its founding as validators. These businesses are working hard to create blockchain games that should be available by late 2024. The financial and structural assistance required to guarantee the success of these games will be supplied by the strategic relationship with SBI Holdings. With the support of a company of this kind, Oasys is poised to meet big goals and overcome obstacles in the future.

Besides funding, SBI Holdings has a history of supporting innovative blockchain projects . The conglomerate’s investments include Ripple and R3, which have consistently ranked among the top in market capitalization. 

Benefits to the Web3 Gaming Industry

Thus, it is anticipated that the Oasys-SBI collaboration will generate benefits for the larger Web3 gaming sector. Moreover, the collaboration is not a recent one. In the past, Oasys and SBI worked together to integrate OAS tokens on SBI VC Trade and SBINFT Market, indicating a developing partnership.

Additionally, SBI Holdings CEO Yoshitaka Kitao voiced optimism about Oasys as a viable blockchain project designed for the gaming industry. Through this agreement, he underscored the group’s commitment to growing blockchain use cases.

Future Outlook and Strategic Goals

The representative director of Oasys, Ryo Matsubara, also emphasized the significance of obtaining capital and liquidity to support the platform’s expansion. He mentioned that Oasys has a strong partner in this competitive sector because of its partnership with SBI, one of Japan’s biggest financial giants.

The collaboration with SBI Holdings is noteworthy because it supports Oasys’s long-term objective of serving as a global hub for Japanese Web3 content. The strategic partnership with SBI Holdings will probably accelerate both companies’ growth as new games emerge on the Oasys platform, spurring innovation in blockchain gaming.

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