Netmarble F&C Acquires Floppy Games, Developer of 'Yokai' as a Subsidiary

[Asia Economy Reporter Seungjin Lee] Netmarble announced on the 20th that Netmarble F&C will acquire shares of the game developer Floppy Games through a comprehensive stock exchange method to make it a wholly owned subsidiary.

Founded in 2014, Floppy Games is a game developer that created the mobile RPGs "Yokai" and "Cross Chronicle." In 2017, Netmarble handled the publishing of the mobile RPG "Yokai."

"Yokai" is an RPG where players collect mysterious yokai appearing in myths, legends, and folktales worldwide and form their own teams to embark on adventures. Before its domestic service launch, the game simultaneously ranked number one in sales on Google Play and Apple App Store in Thailand, and domestically it ranked second on the Apple App Store and fourth on Google Play.

Through this subsidiary incorporation, Netmarble F&C has secured skilled developers with over 10 years of experience and the "Yokai" IP (intellectual property) as assets, enabling it to introduce the blockchain game "Yokai Duel," based on the Yokai IP, on its blockchain infrastructure "Cube."

Seo Woo-won, CEO of Netmarble F&C, said, "'Yokai' received a good response in Southeast Asia, where the blockchain game market is growing, so the inclusion of 'Yokai Duel' in the Cube lineup is expected to positively impact platform growth. Along with this, the addition of developers experienced in various projects is expected to create synergy in the development of new titles at Netmarble F&C."

This content was produced with the assistance of AI translation services.