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Yuga Labs Acquires Roar Studios to Strengthen Presence in Web3 Gaming Industry

Cryptocurrency technology startup Yuga Labs has announced its acquisition of Roar Studios, a company specializing in gaming and music, with the aim of strengthening its presence in the Web3 gaming industry. Roar Studios' Founder and CEO, Eric Reid, will become the general manager for Otherside, an upcoming metaverse game powered by blockchain technology developed by Yuga Labs.

The acquisition will bring valuable expertise to Yuga Labs, with Roar Studios having established a notable presence in the fields of technology and artificial intelligence. Yuga Labs' ongoing expansion is set to bring forth a series of captivating advancements in the gaming industry.

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