# Research # 10 : Square Enix Sells Tomb Raider to Fund Blockchain Gaming Ambitions

The past few years have seen several traditional gaming corporations like [**Konami**](https://www.konami.com/games/memorial-nft/en/), **Electronic Arts,** and [**Ubisoft**](https://www.mondaq.com/unitedstates/fin-tech/1149402/ubisoft-is-first-major-gaming-company-to-embrace-in-game-nfts-what-does-this-mean-for-the-industry) embrace blockchain technology. The scope of involvement typically ranges from issuing non-fungible tokens (NFTs) to funding blockchain gaming startups, or announcing blockchain-focused divisions. Amid the increased adoption, Japanese entertainment giant [**Square Enix**](https://www.square-enix.com/) is going all in.&#x20;

In a recent development, the firm sold off some of its intellectual properties, including the established gaming title **Tomb Raider**. The $300 million netted from the sale would go into the company’s pivot to blockchain gaming.&#x20;

This week’s edition of **UpOnly | Research** reviews the company’s recent involvement with blockchain gaming. We also consider why it is only a matter of time before most gaming companies adopt blockchain in one way or another to improve the experience for gamers.

Continue reading : <https://uponlyofficial.substack.com/p/square-enix-sells-tomb-raider-to?s=r>


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