Raini Studios
CEDEN Network Ltd and Kanpai Studios Announce the Successful Acquisition of Web3 Gaming Studio Raini Studios, Expanding Their Portfolio in the Digital Collectibles Space
ROAD TOWN, BRITISH VIRGIN ISLANDS / ACCESSWIRE / December 13, 2023 / CEDEN Network Ltd, in partnership with Kanpai Studios, has completed a total acquisition of Unicorn Interactive Limited DBA Raini Studios, a full-service Web3 gaming studio and publisher of The Lords of Light digital trading card game - which is one of the very few games in the digital collectibles space available on the Epic Games platform.
CEDEN Network Ltd and Kanpai Studios Announce the Successful Acquisition of Web3 Gaming Studio Raini Studios, Expanding Their Portfolio in the Digital Collectibles Space
Bigger Team, Bigger Vision
RJV International DBA Raini Studios, the new BVI-based joint venture, will continue the legacy of Raini by growing and promoting The Lords of Light and the $RST ecosystem via new publishing channels, increased marketing focus, and an expanded development team. The new studio is set to expand the scope of the Raini ecosystem beyond a single title and the narrow niche of a crypto-centric gaming audience, with a second game already in an early development phase since the acquisition.
CEDEN Chief Executive Alex Moody will assume day-to-day operational leadership of the new studio, serving as Managing Director, with gaming industry legend Mike Haller serving as Head of Gaming. Haller is best known for anime film titles such as Akira and Ghost in the Shell, leading the teams that created titles such as Medal of Honor and Def Jam Vendetta at Dreamworks and EA and winning Fighting Game of The Year multiple times with his WCW and WWE titles at THQ. Haller will be leading the Raini development team in the production of the studio's second game title.
The Rights to Fight: Having secured rights to one of the leading combat entertainment IPs in the world, this unannounced title draws on the extensive experience of the entire newly formed team, is already in production, and is slated to release in 2024.
"The Lords of Light is an incredible TCG with great balance, visual appeal, and replayability," according to Haller, "and we look forward to continuing that legacy with The Lords of Light and growing the studio on a global stage with our next title."
LayerZero:
Marty Burgess of Raini Studios said, "When implementing our new $RST token, we knew from the outset we wanted to work with LayerZero to enable a seamless cross-chain experience for the user, including cross-chain migration from $RAINI to $RST, and to enable future interoperability when new opportunities arose. Since then, we're also testing a LayerZero [L0] proxy for all of our existing Collectable Cards and Collectable Packs, giving our community true ownership of their digital goods and a simple UX for moving assets wherever they want."
Web3 Gaming
Josh McLean of Kanpai Studios said about the deal, "The gaming sector is clearly going to be the hottest space in the coming years. The opportunity to purchase an exceptional studio that I have been involved with already for years is a no-brainer. This deal opens doors for Kanpai Studios that were not previously explored and deepens our Web3 integrations while delivering direct value to panda holders. We can now significantly expand the entertainment offerings across the combat and culture space within the PPDEX in 2024 and beyond."
Raini Studios' debut title The Lords of Light was the first game to launch on Beam by Merit Circle, a gaming-centric subnet of the Avalanche blockchain. ''Raini Studios crafted a robust TCG and ecosystem. With the upcoming mobile version, we believe The Lords of Light is now ready for a wider audience. We're thrilled about this acquisition, applauding their dedication to honor the existing ecosystem and their commitment to enhancing it with a new title. We are very excited to witness their joint development and marketing efforts," said Marco van den Heuvel, co-founder and CGO at Merit Circle.
More details on the future of Raini Studios will be coming soon.
About Raini Studios: Raini Studios is a full-service Web3 gaming studio and publisher of The Lords of Light digital trading card game - which is one of the very few games in the digital collectibles space to be available on the Epic Games platform.
Play The Lords of Light • Purchase $RST • Website • Twitter • Telegram • Medium
About CEDEN Network Ltd: CEDEN is building an infrastructure ecosystem to revolutionize how interactive entertainment is created and distributed. This includes tools and support for independent creators to democratize content creation, as well as the CEDEN Network, a revolutionary Digital Collectible Node Network that decentralizes content delivery for gamers and creatives.
It's time to move beyond the machine.
Website • Twitter • Discord • Medium
To learn more about Kanpai Studios, please email alex@ceden.network
Contact Information:
Alex Moody
alex@ceden.network
Related Video
https://www.youtube.com/watch?v=x2J9vm5OpDc
SOURCE: Raini Studios
To view this piece of content from stats.newswire.com, please give your consent at the top of this page. To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Karbon-X Expands Blue Carbon Leadership with New Restoration Project in Guinea7.11.2025 14:00:00 CET | Press release
New initiative in the Konkouré Delta builds on Senegal's success, advancing coastal restoration, biodiversity, and community resilience across West Africa. CONAKRY, GN / ACCESS Newswire / November 7, 2025 / Building on the success of its 7,000-hectare mangrove reforestation project in Senegal-which has already generated an estimated 2.8 million tonnes of CO₂ reductions and measurable community benefits-Karbon-X Corp. (OTCQX:KARX) ("Karbon-X" or the "Company") is expanding its blue carbon leadership into the Konkouré Delta of Guinea, as blue carbon emerges as a critical frontier for climate investment and coastal resilience. Developed through ALLCOT - A Karbon-X Company, the project development and advisory arm of Karbon-X, the initiative will replicate and scale the proven model from Senegal, enhancing biodiversity, shoreline protection, and sustainable livelihoods across West Africa. Mangroves are more than trees; they are natural shields protecting coastlines, nurseries for marine li
Innodata Reports Third Quarter 2025 Results6.11.2025 22:30:00 CET | Press release
Revenue up 20% Year-Over-Year Reiterates Prior Guidance of 45% or More YoY Growth in 2025 Anticipates Transformative Growth in 2026 Based on New Wins and Strong Momentum NEW YORK CITY, NY / ACCESS Newswire / November 6, 2025 / INNODATA INC. (Nasdaq:INOD) today reported results for the third quarter ended September 30, 2025. Revenue of $62.6 million for the three months ended September 30, 2025, representing 20% year-over-year organic revenue growth. Revenue of $179.3 million for the nine months ended September 30, 2025, representing 61% year-over-year organic revenue growth. Adjusted EBITDA of $16.2 million for the three months ended September 30, 2025, an increase of $2.3 million, or 17%, from $13.9 million in the same period last year.* Adjusted EBITDA of $42.2 million for the nine months ended September 30, 2025, an increase of $21.8 million, or 106%, from $20.4 million in the same period last year.* Net income of $8.3 million, or $0.26 per basic share and $0.24 per diluted share, f
Innodata Announces New Leadership Appointments to Support Next Phase of Growth6.11.2025 22:05:00 CET | Press release
Rahul Singhal Appointed President and Chief Revenue Officer Daniel H. (Don) Callahan and General (Retired) Richard D. Clarke Appointed to Board Jack Abuhoff Appointed Chairman Stewart Massey Appointed Lead Independent Director NEW YORK, NY / ACCESS Newswire / November 6, 2025 / Innodata Inc. (Nasdaq:INOD), a global data-engineering company, today announced executive management and Board appointments to support the Company's rapid growth and continued global expansion in generative AI solutions and platforms. Rahul Singhal Appointed President and Chief Revenue Officer Rahul Singhal, formerly Innodata's Chief Product Officer and Chief Revenue Officer, has been promoted to President and Chief Revenue Officer. In his expanded role, Singhal will define the Company's overall product strategy, product roadmap, and go-to-market execution across the Company's AI, data engineering, and digital transformation businesses. "Rahul has been instrumental in shaping our strategy for sustained growth an
Innodata Launches Federal Business Unit to Support Accelerating AI Innovation Across U.S. Government6.11.2025 22:05:00 CET | Press release
New Unit Positions Company to Serve Defense, Intelligence, and Civilian Agencies with Proven AI Data Engineering, Generative AI, and Agentic AI Solutions NEW YORK, NY / ACCESS Newswire / November 6, 2025 / INNODATA INC. (Nasdaq:INOD) today announced the launch of Innodata Federal, a dedicated government-focused business unit designed to deliver mission-critical AI solutions to U.S. defense, intelligence, and civilian agencies. The new unit emerges as federal acquisition authorities are rapidly evolving to prioritize commercial innovation through Other Transaction Authorities (OTAs), Commercial Solutions Openings (CSOs), and streamlined procurement pathways that favor speed, flexibility, and proven commercial capabilities. The launch, announced alongside Innodata's earnings release and a press release announcing that General (Retired) Richard D. Clarke, a retired four-star Army general and former Commander of U.S. Special Operations Command, has joined the Innodata board, positions the
The Michelin Guide Expands Its Global Footprint with the Arrival in Aotearoa New Zealand5.11.2025 20:00:00 CET | Press release
AUCKLAND, NZ / ACCESS Newswire / November 5, 2025 / Michelin is pleased to announce the arrival of the MICHELIN Guide in Aotearoa New Zealand, marking its first-ever expansion into Oceania. The inaugural edition will cover four vibrant culinary destinations: Auckland, Wellington, Christchurch, and Queenstown. Set to be unveiled in the middle of 2026, the restaurant selection process is already under way, as MICHELIN Guide Inspectors are currently on the ground, dining anonymously to identify the very best restaurants that showcase the unique character of Auckland, Wellington, Christchurch, and Queenstown culinary scenes. Gwendal Poullennec, International Director of the MICHELIN Guide states: "We are thrilled to bring the MICHELIN Guide to Aotearoa New Zealand for the very first time. The country offers a rich and diverse culinary landscape, shaped by its indigenous Māori heritage, Pacific influences, and a new generation of chefs who champion local produce with creativity and passion.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom