Snail Intends To Explore Pursuing Strategic Digital Asset Initiative Including Evaluation And Feasibility For Introduction Of Proprietary Stablecoin

Author: Benzinga Newsdesk | July 15, 2025 03:11pm

Snail, Inc. (NASDAQ:SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, announced its intention to explore pursuing a strategic digital asset initiative that includes the evaluation and feasibility for introduction of its own proprietary stablecoin. This initiative would be subject to a range of factors, including but not limited to, regulatory approvals, market conditions, technical feasibility, cybersecurity safeguards, financial controls, and internal governance. The Company believes that exploring stablecoin infrastructure may position it as an early mover within the digital entertainment industry. While no decisions have been made to integrate such technology into the Company's corporate strategy, it continues to evaluate and explore opportunities as part of its broader innovation roadmap.

Posted In: SNAL