Raini Studios
13.12.2023 21:12:00 CET | ACCESS Newswire | Press release
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
Anew Climate Expands European Forest Carbon Portfolio Through Ten-Year Agreement with Sweden's EKEN1.10.2026 15:00:00 CEST | Press release
HOUSTON, TX / ACCESS Newswire / October 1, 2026 / Anew Climate (Anew), one of the world's largest developers and marketers of carbon credits, announced a ten-year agreement with EKEN Financing Value Added Forestry (EKEN) to bring Swedish improved forest management (IFM) credits to corporate buyers worldwide. The agreement extends Anew's European forest carbon portfolio, which it maintains alongside millions of acres of managed forestland across North America. Under the collaboration, Anew will serve as the exclusive commercialization partner for credits generated from projects developed by EKEN, handling purchaser engagements, structuring, and portfolio integration for corporate buyers in Europe and internationally. EKEN is preparing the project for development under VM0045, Verra's methodology for improved forest management using dynamic matched baselines from national forest inventories. While many conventional forest carbon baselines rest on a projection of what a landowner would hy
Karbon‑X (OTCQB:KARX) Reports Record Fiscal 2026 Revenue of $55.9 Million as Company Scales Global Carbon Market Operations1.10.2026 14:30:00 CEST | Press release
CALGARY, AB / ACCESS Newswire / October 1, 2026 / Karbon‑X Corp. (OTCQB:KARX) ("Karbon‑X" or the "Company"), a vertically integrated climate solutions company operating across global carbon markets, today reported financial and operational results for the fiscal year ended May 31, 2026, reflecting a significant increase in operating scale across its carbon credit trading and project development activities. Karbon‑X generated record fiscal 2026 revenue of $55.9 million, compared with $3.16 million in fiscal 2025, representing an increase of approximately 1,670% year over year. Gross profit was $0.86 million, compared with $0.80 million in the prior year. Fiscal 2026 results reflected a shift in revenue mix toward high-volume, lower-margin trading activity as Karbon‑X completed its first full year of large-scale carbon credit trading. "Fiscal 2026 moved Karbon-X into a new stage of commercial growth," said Chad Clovis, Chief Executive Officer of Karbon-X. "Revenue reached nearly eighteen
Surmodics Acquires Alta Biomed Business, Expanding Hemocompatible Surface Technology and Analytical Testing Capabilities1.10.2026 14:00:00 CEST | Press release
HORSHAM, PA / ACCESS Newswire / October 1, 2026 / Surmodics Inc., a leading provider of surface technologies and performance coatings for the medical device industry, today announced that it has acquired the business of Alta Biomed, a Carlsbad, California-based medical device coating and testing services company specializing in surface technologies for vascular and other medical devices. The acquisition is a strategic addition to Surmodics' growing portfolio of hemocompatible and biocompatible surface technologies. It brings Alta Biomed's proprietary PzF™ thin-film surface modification technology to Surmodics, adding an established anti-thrombotic, anti-inflammatory and pro-healing option that joins Surmodics' existing hemocompatible portfolio. "As medical device innovation advances in neuromodulation, brain-computer interfaces, neurovascular, structural heart, and venous and arterial technologies, engineers and scientists need a broader range of surface technology options to address i
PharmaNest and Mediar Therapeutics Collaborate to Quantify ECM and Fibrosis Remodeling in the EncompaSSc Phase 2 Trial of MTX-474 in Diffuse Cutaneous Systemic Sclerosis30.9.2026 19:00:00 CEST | Press release
PRINCETON, NJ / ACCESS Newswire / September 30, 2026 / PharmaNest, Inc. an AI-enabled digital pathology company specializing in the quantitative and spatial characterization of fibrosis and Mediar Therapeutics, Inc., a clinical-stage biotechnology company pioneering first-in-class therapies to halt and reverse fibrosis, today announced a collaboration to integrate advanced digital pathology into Mediar's ongoing EncompaSSc Phase 2 clinical trial of MTX-474 in patients with diffuse cutaneous systemic sclerosis (dcSSc). MTX-474 is a first-in-class human IgG1 monoclonal antibody designed to neutralize EphrinB2 signaling, a pathway implicated in myofibroblast activation, extracellular matrix (ECM) deposition and tissue remodeling known to drive fibrosis in SSc. The randomized, double-blind, placebo-controlled EncompaSSc Phase 2 study is evaluating the safety and efficacy of MTX-474 in patients with dcSSc. Under the collaboration, PharmaNest will apply its FibroNest™ AI-enabled digital path
Innodata Opens Motion-Capture AI Lab to Help Humanoids Move Like Humans30.9.2026 15:50:00 CEST | Press release
NEW YORK, NY / ACCESS Newswire / September 30, 2026 / Innodata Inc. (Nasdaq:INOD) today announced the opening of a new R&D laboratory that is designed to generate the data needed to train the next generation of human-like robots and independently validate the performance data that robots generate internally. Innodata developed the lab in collaboration with Vicon, a leader in motion capture who consulted on the lab design and continues to provide technical consulting. The New Jersey-based lab is equipped with high-precision, low-latency infrared optical tracking cameras that measure movement down to the sub-millimeter level-a degree of accuracy that methods such as wearable inertial measurement unit (IMU) sensors and single-camera (monocular) video analysis typically cannot match. The lab addresses an urgent need for high-quality training data for humanoids, industrial robots, and other forms of physical AI. While many other data providers infer 3D motion by analyzing 2D video, Innodata
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