{"id":60906,"date":"2022-05-03T11:34:35","date_gmt":"2022-05-03T08:34:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60906"},"modified":"2025-09-05T09:02:40","modified_gmt":"2025-09-05T06:02:40","slug":"square-enix-to-invest-a-portion-of-the-300-million-ip-rights-sale-proceeds-in-blockchain-initiatives","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/square-enix-to-invest-a-portion-of-the-300-million-ip-rights-sale-proceeds-in-blockchain-initiatives\/","title":{"rendered":"Square Enix to invest a portion of the $300 million IP rights sale proceeds in blockchain initiatives"},"content":{"rendered":"<p>Japan&#8217;s Square Enix, renowned for Final Fantasy and other video games, has agreed with competitor Embracer to sell the intellectual property rights for $300 million. The proceeds will fund initiatives in blockchain, AI and cloud technologies.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">SQUARE ENIX HOLDINGS CO., LTD. enters into an agreement with Embracer Group for the acquisition of Crystal Dynamics, Eidos-Montr\u00e9al, Square Enix Montr\u00e9al, and IP. <\/p>\n<p>Press Release: <a href=\\\"https:\/\/t.co\/ooOYacp4PW\\\">https:\/\/t.co\/ooOYacp4PW<\/a> <a href=\\\"https:\/\/t.co\/2PmQE967gk\\\">pic.twitter.com\/2PmQE967gk<\/a><\/p>\n<p>\u2014 Square Enix (@SquareEnix) <a href=\\\"https:\/\/twitter.com\/SquareEnix\/status\/1521023402449903622?ref_src=twsrc%5Etfw\\\">May 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The deal includes Square Enix&#8217;s North American studios Crystal Dynamics and Eidos Interactive, as well as rights to popular game franchises Tomb Raider, Deus Ex, Thief, Legacy of Kain and others.<\/p>\n<p>In March 2021, Square Enix agreed to partner in the NFT space with the startup Double Jump Tokyo. The latter is known for creating digital assets for the Million Arthur franchise.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">DJT and Square Enix announced that we will collaborate on NFT content.<br \/>There are comments from each companies, so please read on.<br \/>We aim to expand the industry with <a href=\\\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFT<\/a> utilizing Japanese IP!<a href=\\\"https:\/\/twitter.com\/hashtag\/DJT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#DJT<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/SQEX?src=hash&#038;ref_src=twsrc%5Etfw\\\">#SQEX<\/a><a href=\\\"https:\/\/t.co\/CYkgrfc1ZC\\\">https:\/\/t.co\/CYkgrfc1ZC<\/a><\/p>\n<p>\u2014 doublejump.tokyo Inc. (@doublejump_en) <a href=\\\"https:\/\/twitter.com\/doublejump_en\/status\/1372067133098721282?ref_src=twsrc%5Etfw\\\">March 17, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Newzoo analysts previously forecast that P2E models in games would become more widespread as developers seek to diversify revenue streams.<\/p>\n<p>According to DappRadar, in January $1 billion was invested in GameFi infrastructure and blockchain games\u2014a quarter of the total for 2021.<\/p>\n<p>As noted in April 2022, Square Enix President Yosuke Matsuda <a href=\\\"https:\/\/forklog.io\/prezident-square-enix-zayavil-ob-interese-kompanii-k-blokchejnu-i-nft\/\\\">stated<\/a> the company&#8217;s interest in blockchain and NFT.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Square Enix, renowned for Final Fantasy and other video games, has agreed with competitor Embracer to sell the intellectual property rights for $300 million. The proceeds will fund initiatives in blockchain, AI and cloud technologies.<\/p>\n","protected":false},"author":1,"featured_media":60907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1155,1213],"class_list":["post-60906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-games-and-gamefi","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=60906"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60906\/revisions"}],"predecessor-version":[{"id":60908,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/60906\/revisions\/60908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/60907"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=60906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=60906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=60906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}