Square Enix, a Japanese entertainment conglomerate, is planning to strengthen its presence in the market of blockchain games as president Yosuke Matsuda wrote in a New Year's letter the company will focus on blockchain games in 2022.

Particularly, Matsuda wrote that "decentralized games" will be a "major strategic theme" for the Tokyo-based company this year. He also added that the metaverse will likely see a "meaningful transition to a business phase in 2022, with a wide range of services appearing on the scene."

As this abstract concept begins to take concrete shape in the form of product and service offerings, I am hoping that it will bring about changes that have a more substantial impact on our business as well.

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Square Enix first teased its interest in the blockchain industry in November last year when the company wrote in a report that video games are actively expanding from centralized to decentralized formats.

Square Enix is best known for its Final Fantasy, Tomb Raider, and Deus Ex video game franchises.