Square Enix Confirms Web3 Strategy Focus Beyond CEO Yosuke Matsuda

DailyCoin

Published Mar 06, 2023 01:15PM ET

Updated Mar 06, 2023 01:30PM ET

Square Enix Confirms Web3 Strategy Focus Beyond CEO Yosuke Matsuda

In 2021, Japanese Gaming Giant Square Enix, popular for blockbuster gaming franchises Tomb Raider and Final Fantasy, started establishing its presence in the Web3 space, with CEO Yosuke Matsuda spearheading the campaign.

Since indicating its intention to pursue a Web3 strategy under the leadership of Matsuda, Square Enix has kickstarted multiple initiatives in the space, partnering with Web3 leaders like Polygon, Animoca Brands, and more.

However, on March 2nd, 2023, Square Enix announced that its President and CEO would be stepping down as the company looks to “reshape the management team.”

Considering Matsuda’s role in pushing Square Enix toward Web3, the unexpected leadership change has raised alarms among Web3 enthusiasts about the company’s future and whether it would continue to include blockchain technology.

https://twitter.com/Wario64/status/1631540544538136576?s=20

Filling Big Shoes/h2

Yosuke Matsuda...

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