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Nexon Invests in Blockchain-Based AAA Game Developed by CCP Games

Nexon has invested in a new AAA game being developed by CCP Games that is based on blockchain technology.
Tyler LeebyTyler Lee
Mar 28, 2023 1:29 pm KST

Nexon, a leading South Korean gaming company, has announced its participation as an investor in a new AAA game being developed by CCP Games, the company behind the popular online MMORPG “EVE Online.” The new game will be based on blockchain technology and is expected to be highly competitive in the gaming industry. The $40 million investment was led by prominent Silicon Valley venture capital firm, Andreessen Horowitz, and included participation from other firms such as Hashed, Makers Fund, BITKRAFT, and Kingsway Capital.

CCP Games has been a competitive game developer for over 20 years, and has gained recognition from users worldwide for its immersive gameplay. Nexon decided to invest in CCP Games due to its strong understanding of game and blockchain integration in terms of planning and design, and because the company’s philosophy on approaching blockchain aligns with Nexon’s own.

Through this investment, Nexon and CCP Games plan to collaborate on various initiatives to further develop the blockchain game ecosystem. Nexon’s COO, Daehyun Kang, who oversees the company’s blockchain project, stated that Nexon will continue to invest in partners with competitive advantages in blockchain games with a long-term perspective.

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Tyler Lee

Tyler Lee

I strive to offer expert analysis and valuable insights to help readers navigate the complex world of finance.

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