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FTX Making Its Way Into Blockchain Gaming

The world-famous cryptocurrency exchange platform FTX recently launched its own gaming unit focused on blockchain and non-fungible token projects. This internal organization will give selected companies the ability to launch cryptocurrency tokens and support NFTs.

“We are launching FTX Gaming because we see games as an exciting use case for crypto,” an FTX spokesperson told Bloomberg in an e-mail. “There are 2 billion+ gamers in the world who have played with and collected digital items, and can now also own them.”

FTX has clearly shown support for blockchain gaming initiatives. Last year, the company teamed up with Solana Ventures and Lightspeed Venture Partners to create a $100 million gaming fund called GameFi. This entity invests in projects at “the intersection of blockchain and gaming.”

(All information was provided by Front Office Sports and The Verge)

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