Sega is working with blockchain company Finschia Foundation to create web3 games based on its popular franchises.
The Sonic maker has joined Finscha Foundation as a governance member through its Sega Singapore subsidiary and said the partnership "expands to developing web3 games."
"As a governance Member, Sega Singapore will join in the general management and decision-making processes of the Finschia Foundation and verify the stable operation of the blockchain mainnet and security of the network as a network validator," reads a press release.
"To expand the Finschia ecosystem and popularize web3, Sega and Finschia will cooperate in developing web3 games utilizing Sega's popular game IP."
Sega Singapore is responsible for developing the Sega Group's web3 business on a global scale and also handles marketing in Southeast Asia.
The Finschia Foundation is operated by Line Next, a subsidiary of Japanese tech company Line Corporation (now known as LY Corporation following a merger with Yahoo Japan), and is based in Abu Dhabi.
Source: Game Developer