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

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.

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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.”

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.

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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.”

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Featured Image: Shutterstock/Kiselev Andrey Valerevich/Natalia Siiatovskaia

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