Oasys Partners with SBI Holdings to Elevate Web3 Gaming in Japan

  • Oasys and SBI Holdings partner to enhance Web3 gaming in Japan.
  • Japan’s government and companies are actively advancing Web3 technology through strategic collaborations.

Oasys, a blockchain platform built for games partners up with SBI Holdings, Inc., one of Japan’s largest financial conglomerates to improve and boost the Web3 gaming in Japan. SBI is known for its collaboration with multiple companies. It is ranked among the top 25 by market capitalization. This partnership includes a successful round of funding from SBI Holdings.

On 29th August, Oasys on X posted that the teaming with SBI will push forward Oasys to new heights, enhance $OAS token liquidity, and strengthen their growing ecosystem. 

Moreover, the firm stated,

“With the backing of such an established partner, we’ll continue to disrupt #blockchaingaming and meet any challenges ahead.”

In addition, on their official press release, the firm has also teased their new blockchain game which is scheduled for later release in 2024. This partnership of SBI and Oasys is an existing one. In May 2023, Oasys partnered with SBI by listing their tokens on SBI VC Trade.  

Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings, Inc. said,

“Through our partnership with Oasys, we endeavor to further expand the use cases for blockchain technology.” 

Japan Advancing into the Web3 Platform

The Japanese government is embracing facilitating policies and new legislation around Web3 technology. New automotive companies in Japan like Toyota and Honda are also finding new opportunities in Web3. 

Following this, on August 28, 2024, the WebX Conference, opened its doors in Tokyo. It has become Asis’s largest Web3 event.  During the event, Japan’s Prime Minister, Fumio Kishida highlighted that the Japanese government has begun implementing specific measures to help Web3 start-ups raise funds efficiently. 

Highlighted Crypto News today:
Is Whale Activity Driving Bitcoin Bearish Trend?

Source: https://thenewscrypto.com/oasys-partners-with-sbi-holdings-to-elevate-web3-gaming-in-japan/