FTX Plans to Open a Gaming Division

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Crypto derivates exchange FTX plans to launch its own gaming division. The structure is designed to encourage game publishers to incorporate cryptocurrencies, blockchain and NFTs into their products, Bloomberg reports.

According to the agency, FTX Gaming will operate through the company’s US subsidiary and will debut a crypto-as-a-service platform. With its help, gaming companies will be able to issue tokens and offer support for NFTs.

According to the publication, in February, the division started hiring specialists to work remotely in a team. The emphasis is allegedly placed on programmers with experience with the Unity game engine. A representative of the exchange said:

“We are launching FTX Gaming because we see gaming as an interesting use case for cryptocurrencies. There are more than 2 billion gamers in the world who play and collect digital items, and now they will be able to own them.”