In order to raise funds for its blockchain projects, Square Enix has sold Tomb Raider

In order to raise funds for its blockchain projects, Square Enix has sold Tomb Raider

In order to raise funds for its blockchain projects, Square Enix has sold Tomb Raider

It has been disclosed that Square Enix would use some of its most popular games to support its blockchain project. As a result, Embracer Group AB in Sweden has been given the baton for the next Tomb Raider game.

Square Enix is selling Crystal Dynamics and Eidos Interactive to a private equity firm for $300 million. As a result, Embracer will be the new home for beloved properties like Tomb Raider, Deus Ex, Thief, and Legacy of Kain. Whereas, their fast-paced gameplay and questionable archaeology will continue to enthrall viewers.

Square Enix declared in a public statement that the monies raised would be used to further its blockchain initiatives. In addition, the company will continue its exploration into augmented reality and cloud computing. Opening the door to an entirely new world of interconnected ecosystems and resulting in a muddled perception of reality.

All of this demonstrates Square Enix’s relentless march into the world of cutting-edge technology as it seeks to grow into a new entertainment sector. To date, the well-known gaming company has experimented with NFTs and outlined its vision for a blockchain-enabled future. Square Enix is a company to keep an eye on as it continues to innovate and experiment.

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