Japanese Securities Giant SBI, Gaming Firm Square Enix Seal Crypto Gaming Deal

The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company.

The deal is worth around $53 million – and both SBI and Square Enix now plan to make significant moves in the crypto and blockchain gaming space.

(By Tim Alper)

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