September 27, 2023

Gaming company Square Enix invests in crypto startup Zebedee

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Gaming company Square Enix invests in crypto startup Zebedee

Japanese video game publisher and developer Square Enix is ​​investing in the Zebedee platform, which allows game companies to embed micropayments in BTC into their projects.

Startup Zebedee specializing in games withusing bitcoin, raised $35 million in funding. The funding round was led by Kingsway Capital. She was joined by global commercial bank The Raine Group, as well as video game giant Square Enix, famous for its Final Fantasy franchise.

The Zebedee platform allows game developers toembed micropayments in BTC through the Lightning network. Game studios that offer bitcoin as a reward use a special interface (API) Zebedee to make it easy for players to access the cryptocurrency they have earned.

Previously, the company demonstrated the work of thistechnologies by launching special servers for Valve's popular online shooter Counter-Strike: Global Offensive, where players could receive bitcoins for participating in online matches. The average transaction size on the platform is only $0.08.

Recall that earlier Square Enix sold the rights to game titles Tomb Rider, Deus Ex, Thief and Legacy of Kain in order to invest in the development of projects in the field of blockchain and NFT.