Square Enix plans to issue tokens and invest heavily in Web3 gaming

Cointelegraph

Published May 16, 2022 01:34AM ET

Updated May 16, 2022 03:20AM ET

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.

Square Enix (SE) is a Japanese game developer with $3 billion in assets under management according to its latest earnings report. The firm owns the Final Fantasy property and sold the Tomb Raider franchise for $300 million on May 3.

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