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NFT Market Collapses as Square Enix Positions for Heavy Investment

NFT Market Collapses as Square Enix Positions for Heavy Investment

Square Enix sold development studios Crystal Dynamics, Eidos Montreal and Square Enix Montreal to Embracer Group, packaging in the IPs for many of the games those studios made famous, such as Deux Ex, Tomb Raider, Thief and Legacy of Kain. The Japanese games company explained the sale “enables the launch of new businesses by moving forward with investments in fields including blockchain, AI, and the cloud.”

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