Xsolla Advances Game Development in Asia with Busan City and BDAN

Xsolla, Busan City, and BDAN Unite to Transform Busan into a Global Gaming and Digital Innovation Hub

Global video game commerce leader Xsolla has partnered with the Busan Metropolitan Area and Busan Digital Asset Nexus Co., Ltd. (BDAN) by signing a Memorandum of Understanding (MoU) to position Busan as a premier destination for game development and technology innovation. This collaboration will see the establishment of Xsolla’s Asia-Pacific headquarters in Busan and the creation of a cutting-edge talent development center, alongside advancements in Web3 technology, fostering economic and digital growth in the region.

A Strategic Collaboration for Regional Growth

The MoU was formalized during a ceremony at Busan Metropolitan City Hall, attended by Busan Mayor Park Hyung-Joon, Xsolla’s Senior Vice President Rytis Joseph Jan, and BDAN CEO Kim Sang-min. The agreement highlights a commitment to nurturing local talent, fostering innovation, and elevating Busan’s reputation as a global gaming and technology hub.

“This partnership showcases Busan’s incredible potential as a gaming and technology hub,” said Rytis Joseph Jan. “We aim to create opportunities for local professionals and businesses while driving economic and technological advancements in the region.”

Key Initiatives Under the Partnership

  1. Xsolla’s Asia-Pacific Headquarters:
    Xsolla’s new regional headquarters will provide job opportunities, enhance collaboration with local and international partners, and cement Busan’s status as a global leader in gaming and digital technology.
  2. Talent Development Center:
    A dedicated center will support local game developers and entrepreneurs by offering mentorship, resources, and funding. This initiative aims to cultivate Busan’s game industry talent and solidify the city’s role as a hub for innovation.
  3. Web3 and Blockchain Innovation:
    The partnership will explore Web3 technology advancements and establish Busan as a leading blockchain and digital finance center.

“This collaboration demonstrates Busan’s potential to become a global leader in gaming and digital technology,” said Mayor Park Hyung-Joon. “We are thrilled to work with Xsolla and BDAN to strengthen our city’s digital economy.”

Kim Sang-min, CEO of BDAN, emphasized their shared vision: “Together, we aim to transform Busan into a global blockchain hub, fostering innovation across gaming and other industries.”

Broader Goals and Future Prospects

The partnership is poised to attract global businesses, support local enterprises, and pilot emerging technologies, reinforcing Busan’s position as a global gaming and digital innovation hub.

For more information, visit xsolla.blog/busan.

About the Partners

Xsolla:
Founded in 2005, Xsolla is a global leader in video game commerce, offering tools and services to help developers fund, promote, launch, and monetize games worldwide. With headquarters in Los Angeles and offices across major cities, Xsolla partners with leading gaming companies, including Valve, Epic Games, and KRAFTON.

Busan City:
As South Korea’s second-largest city, Busan boasts a vibrant mix of cultural, economic, and technological assets. Known for its global ports, sustainable initiatives, and dynamic cultural festivals, Busan is rapidly emerging as a center for digital and technological innovation.

BDAN (Busan Digital Asset Nexus):
BDAN, a major player in South Korea’s blockchain ecosystem, has spearheaded initiatives to transform Busan into a digital finance and blockchain hub. With backing from top institutions and industry leaders, BDAN continues to drive innovation and urban development.

This strategic partnership marks a significant step in establishing Busan as a key player in the global gaming and digital economy.

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