Nexters is integrating OneStore as a wholly owned subsidiary, aiming to unify game distribution, payment, and on-chain infrastructure within a single platform.
On September 29, Nexters announced that its board of directors approved a comprehensive stock exchange to fully acquire OneStore.
In June, Nexters acquired an 89.03% stake in OneStore from SK Square and Naver. This month, it further secured shares from KT and LG Uplus, raising its stake to 95.88%. The upcoming stock exchange will allow Nexters to acquire the remaining shares, making OneStore a 100% subsidiary.
Nexters plans to combine OneStore's app market and digital content distribution capabilities with its own artificial intelligence (AI), blockchain technology, and payment infrastructure. This integration aims to operate game distribution, payment, and on-chain infrastructure within a unified structure.
Jang Hyun-guk, CEO of Nexters, stated, “OneStore is the central piece of the puzzle for an AI and blockchain game platform. By merging Nexters' AI and blockchain infrastructure with OneStore's app distribution and payment capabilities, we will create a platform that implements global game distribution, payment, and on-chain infrastructure within a single structure.”
* This article has been translated by AI.
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