Leading Crypto Exchange Launches Gaming Unit to Drive NFT and Token Adoption

NEW YORK, March 2, 2022 /PRNewswire/ -- FTX, one of the world's largest cryptocurrency exchanges, is launching a new team called FTX Gaming that is focused on driving crypto and non-fungible token (or NFT) adoption in the gaming world. According to an FTX spokesperson, the company is launching a "crypto-as-a-service" platform through which tokens can be launched and support for NFTs within the game. The exchange's new gaming-focused team is just another example of the continued push to bring blockchain-based products into the gaming space. Companies like WonderFi Technologies Inc (NEO:WNDR) (OTCPK:WONDF), Voyager Digital Ltd. (TSX:VOYG) (OTCQX: VYGVF), DeFi Technologies, Inc. (NEO:DEFI) (OTCPK:DEFTF), Hive Blockchain Technologies (NASDAQ:HIVE) (TSXV:HIVE), and Riot Blockchain, Inc. (NASDAQ:RIOT) are also part of the industry-wide initiative to increase DeFi adoption in more sectors.