Netmarble FNC acquires blockchain-based game company ‘Itum Games’

Netmarble (CEO Kwon Young-sik, Lee Seung-won) announced on the 12th that its subsidiary Netmarble FNC has officially announced the acquisition of Itum Games, a specialized game company based on blockchain.

With this acquisition as an opportunity, Netmarble FNC (CEO Woo-Won Seo) will introduce blockchain technology to the game being developed, speeding up its penetration into the global P2E (Play to Earn) and Non-Fungible Token (NFT) markets.

Established in 2018, ITAM Games (CEO Gil Ah-seong) is a company with middleware technology that applies P2E systems to mobile games in a short period of time, and has rich experience and expertise in building NFT marketplaces.

The company is servicing blockchain games on the Binance Smart Chain, and is expected to play a role in the metanomics ecosystem that Netmarble FNC is building in the future.

Seo Woo-won, CEO of Netmarble FNC, said, “This year will mark a huge turning point in the global game market.

“Based on our experience of releasing P2E games to multiple networks, we will do our best to quickly apply blockchain technology to Netmarble FNC games and provide stable services,” said Gil Ah-seong, CEO of ITAM Games.

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