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Benzinga
Benzinga
Business
Adrian Zmudzinski

FORGOTTEN HISTORY: Pubg battlegrounds developer krafton bets on metaverse and nfts - The Untold Story

Krafton

Krafton Inc. announced it will now be working on non-fungible tokens (NFTs) and metaverse projects. Krafton is the parent company of Bluehole, the firm behind the successful videogame, PUBG: Battlegrounds.

What Happened: Krafton recently announced it acquired equity in Seoul Auction Blue for $2.5 million and Xbyblue for $4.1 million. Seoul Auction Blue operates a joint art purchasing platform called Sotwo and Xbyblue uses technology to secure and curate digital art intellectual property to be offered in digital markets.

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