Game developer Xterio partners with blockchain gaming platform XPLA

Quick Take

  • Xterio, a Swiss game development firm valued at $300 million, has partnered with XPLA. 
  • The two will build out the library of games built on the XPLA mainnet. 

Xterio, a game development firm valued at $300 million, has partnered with the blockchain gaming platform XPLA. 

XPLA is operated by the South Korean gaming studio Com2Us and was a prior investor in Xterio’s $40 million raise via a SAFT sale. Through this partnership, Xterio and XPLA plan to bolster their offerings of blockchain-based games built on XPLA. 

In addition, XPLA now has access to Xterio’s exclusive relationship with the mobile and AAA Swiss game developer FunPlus, which also has participated in Xterio’s SAFT sale.

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“Our partnership with Xterio continues the development of XPLA and will bring a new element of entertainment for our users to enjoy,” said Kyu Lee, president of Com2Us, in a press release.

Xterio’s SAFT sale occurred on Aug. 30, 2022. It was co-led by FunPlus, Makers Fund, FTX Ventures and XPLA, with additional participation from Animoca Brands, HashKey, Foresight Ventures, Infinity Ventures Crypto and Matrix Partners, The Block previously reported.


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About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.