FTX Acquires Storybook Brawl Game Developer

West Realm Shires, the parent company of the FTX cryptocurrency exchange, has acquired Good Luck Games, the developer of card-based auto-battler Storybook Brawl for undisclosed price. According to a press release, the game developer will be integrated into FTX Gaming, the gaming arm of the exchange.

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Sam Bankman-Fried, Co-Founder of FTX, says the team “couldn’t stop playing Storybook Brawl when it became available on Early Access in Steam last summer.” He added:

“Outside of it being an incredibly fun game our whole office enjoys, with its highly engaging gameplay and free-to-play model, we saw an opportunity to be the vanguard for the ethical integration of gaming and crypto transactions in a way that has not yet been done in this space.”

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Although no details about the partnership were revealed, Storybook Brawl will reportedly be featured in the FTX booth at Game Developers Conference in San Francisco. The game is currently in Early Access on Steam with the mobile version expected to launch this summer.

The move comes after Warner Music Group (WMG) signed a partnership agreement with a blockchain gaming developer Splinterlands to give artists opportunities to create and develop play-to-earn blockchain games. Oana Ruxandra, Chief Digital Officer & EVP, Business Development at WMG, said that the partnership will be unlocking new revenue streams for artists while further “solidifying fans’ participation in value created.”

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