In a groundbreaking move, video game commerce giant Xsolla has teamed up with cryptocurrency platform, Crypto.com.
The integration of Crypto.com's checkout solution into Xsolla's Pay Station platform heralds a new era in the gaming world and is a bold move forward for Crypto.com in its quest to carve a niche in the gaming sector.
The integration promises to offer game enthusiasts and developers a seamless way to embrace cryptocurrency payments, ensuring smoother transactions and an enriched user experience.
As the digital realm and metaverse grow, the partnership ensures gamers have plenty of payment options at their fingertips. Eric Anziani, the COO of Crypto.com, expressed his enthusiasm, stating,
“There is significant potential in the convergence of gaming and Web3. By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality – giving developers, publishers, and players a seamless way to engage and create value in the crypto economy.”
Xsolla's Pay Station, already a powerhouse facilitating in-game purchases across a vast expanse of over 200 regions, is set to amplify its offerings with the Crypto.com Pay integration. This move is poised to broaden horizons for game developers, allowing them to connect with a diverse audience and explore untapped markets and revenue avenues.
Chris Hewish, the head honcho at Xsolla, noted:
“The gaming industry is rapidly evolving, and we must adapt to meet those changes. The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies. Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem.”
On a similar note, Patrick Yoon, who oversees Crypto.com's operations in Korea, added:
“We are tremendously excited to take this first step with Xsolla as part of a broader collaboration initiative in Korea and on a global level. We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption.”
This joint enterprise between Crypto exchange Crypto.com and global video game commerce company Xsolla offers much potential for further integration of crypto and gaming. The availability of crypto payments for gamers is likely to stimulate both sectors.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.