Oasys, a blockchain platform that integrates Layer 1 and Ethereum-based Layer 2 networks for game developers, has announced a strategic partnership with SBI Holdings, Inc., a major Japanese financial conglomerate. This collaboration, revealed on August 29, is aimed at accelerating the development of the Oasys ecosystem, with a particular focus on supporting the launch and success of multiple blockchain games in 2024.
Enhancing Liquidity and Infrastructure for Game Developers
The partnership with SBI Holdings is set to significantly boost the liquidity of Oasys’ native token, OAS, making it more accessible to both investors and gamers. Beyond financial liquidity, the alliance will also provide critical funding and infrastructure to game developers, enabling them to create innovative blockchain games. This initiative is expected to expand the Oasys ecosystem in Japan, attract new partners and developers to the network, and foster a dynamic and engaged community.
Ryo Matsubara, Oasys’ Representative Director, emphasized the importance of securing adequate funding and liquidity for the success of their partner games and the overall growth of the Oasys ecosystem. He noted, “As one of Japan’s largest financial conglomerates with a strong presence in the U.S. and Chinese markets, SBI is ideally positioned to support Oasys’ journey as a project originating from Japan.”
SBI Holdings, which has a history of supporting blockchain projects like Ripple (XRP) and R3, views this partnership as an opportunity to further explore and expand the potential applications of blockchain technology.
Oasys’ Strategic Expansion Across Asia
The partnership with SBI Holdings is a key component of Oasys’ broader strategy to establish itself as a leading blockchain gaming platform in Asia. Oasys has already garnered support from major gaming companies such as Sega, Ubisoft, and Yield Guild Games, who are actively participating as validators on the Oasys network.
In line with its ambitious expansion plans, Oasys secured a partnership earlier this year with Metabora SG, a subsidiary of South Korean internet giant Kakao. This collaboration is part of Oasys’ Dragon Update, a core strategy for 2024 focused on expanding the gaming blockchain through enhanced interoperability and collaboration with content creators.
In February, Oasys also announced a similar partnership with South Korean game developer Com2uS, underscoring the growing interest in blockchain-based games among South Korean developers aiming for global release.
OAS, the native token of Oasys, is currently trading at $0.0471, reflecting a 20.86% price increase over the past 24 hours. The token has also seen a positive 7-day trend, with a 51.21% increase in value. With a circulating supply of 387.86 million OAS, the network’s total market capitalization stands at $72.06 million.
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