Get the scoop on finance - sign up for mobile alerts
Blockchain
| On
February 23, 2022

Crypto Exchange Giant FTX Launching New Gaming Division, According to Recent Job Posts

By Daily Hodl Staff

The US subsidiary of a global cryptocurrency exchange is deepening its efforts in the blockchain gaming industry, as newly posted job openings reveal.

According to two job announcements, FTX US has software engineering positions open at its FTX Gaming division.

ADVERTISEMENT

The crypto exchange says that in one of the software engineering roles, the successful candidate will work with the crypto exchange’s partner game studios to “improve their current features and implement new ones, as well as working on blockchain integration.”

In the second software engineering role, the selected prospect will be expected to “improve our [FTX’s] current features, implement new ones, work on blockchain integration and improve developer tools for game studios we are working with.”

The FTX US president, Brett Harrison, says in a tweet that the cryptocurrency exchange is “excited” about its gaming initiative.

“[FTX] is excited about our new initiative into the crossover between crypto and gaming. As game studios seek ways to bring ownership, transferability, and price discovery to their in-game economies, we intend to partner with them to provide backend exchange technology.”

ADVERTISEMENT

According to Harrison, the crypto exchange is “looking forward to investing in this [gaming] space and finding ways for new entrants and established game studios alike to leverage FTX technology for these new advances.”

In November of 2021, FTX announced a $100 million investment initiative focusing on blockchain gaming. Other partners in the initiative included the investment arm of Solana Labs, Solana Ventures, and global venture capital firm Lightspeed Venture Partners.

Last month, FTX announced a $2 billion venture capital fund with an investment mandate focused on gaming and various blockchain sectors. Crypto investor and head of FTX Ventures and Gaming, Amy Wu, at the time singled out blockchain gaming saying that the fund was “particularly excited about web3 gaming and its ability to bring mainstream audiences into the ecosystem.”

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Kiselev Andrey Valerevich/Natalia Siiatovskaia