FTX.US launches its own gaming division

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The American representative office of the FTX cryptocurrency exchange announced the launch of a service for game publishers.

The separate gaming division will be called FTX Gaming, a spokesman for FTX.US told Bloomberg. There are more than two billion gamers in the world who have played and collected digital items, and now they can truly own them, the source shared the data. FTX Gaming is going to issue gaming tokens and support NFT. According to a representative of the exchange, this month the company will hire software engineers for the project.

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FTX previously announced that it will jointly invest $100M in blockchain and crypto-based gaming projects with Solana Ventures and Lightspeed Venture Partners. They were joined by former Lightspeed partner Amy Wu to lead the $2 billion venture capital fund FTX Web3. Wu said at the time that the fund’s goals were not tied to FTX’s strategy, but focused on accelerating blockchain adoption. Looks like FTX Gaming is part of that plan.

Recall that at the beginning of the month, Andrew Wilson, CEO of video game developer Electronic Arts, called NFT an integral part of the gaming industry. However, he later changed his mind, saying that the company would not be in a hurry to implement NFT in its projects.

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Source: Bits

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