Sequence has announced a strategic merger with Xerial, a prominent blockchain gaming infrastructure company in Latin America. This integration is set to enhance Sequence's capabilities, expand its global presence, and better serve game developers worldwide. With Xerial's expertise and established relationships in the LATAM gaming market, Sequence aims to accelerate its growth and support within Latin America's growing web3 gaming ecosystem.

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Why Latin America?

The gaming industry in Latin America is experiencing notable growth, driven by the region's youthful population and increasing internet connectivity. In 2023, the gaming market in LATAM reached $3.6 billion, up from $2.23 billion in 2018. Mexico leads the market, followed by Brazil, with a significant focus on mobile gaming. Mobile gaming revenue is projected to grow from $2.67 billion in 2023 to $4.31 billion by 2028.

The region’s gaming market is characterized by a preference for free-to-play models and mobile gaming, driven by the high cost of consoles and games and the widespread use of smartphones. Despite challenges such as economic volatility and infrastructure limitations, Latin America hosts a growing number of gaming studios and publishers, with Brazil being a standout in both the number of gamers and revenue generated.

Mobile Gaming Market in Latin America

Sequence Expands Global Presence with Xerial

Sequence, already serving game developers across North America, EMEA, and APAC, will now extend its reach into LATAM. The addition of the core Xerial team will enable Sequence to provide comprehensive support to Spanish-speaking developers and enhance its web3 infrastructure offerings.

This expansion is aligned with the increasing demand for Sequence’s solutions, which address key challenges in player acquisition, retention, and monetization. Michael Sanders, Co-founder and Chief Storyteller at Sequence, praised Xerial’s contributions to the gaming community.

“Xerial is incredibly well regarded amongst game developers. The team there has built amazing relationships with builders and delivered world-class support, all in the name of helping games get to market faster and achieve success earlier. With our shared obsession for serving game developers, we’re pumped to welcome a new cohort of games to Sequence and usher in the next generation of gaming together.”

Xerial Joins Sequence to Accelerate Web3 Gaming in LATAM

Final Thoughts

By incorporating Xerial into its operations, Sequence aims to tap into new geographical markets, particularly in LATAM, and improve its offerings for game developers. This strategic move is expected to accelerate the growth of both Sequence and the broader web3 gaming ecosystem. Santiago Gramajo, Business Development Manager at Sequence and formerly Co-founder of Xerial, expressed enthusiasm about the merger.

“We’ve always admired Sequence as the leading and most comprehensive web3 development stack for games, and we’re thrilled to empower game developers in LATAM and around the world with the best solutions available. With Sequence, we’ll help games drive player acquisition, retention, and monetization, while unlocking new and amazing player experiences.”

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More About Sequence

Sequence is a leading all-in-one development platform for integrating web3 into games. Onboard, monetize, grow, and retain players with Sequence’s award-winning technology. From collectibles and ownable rewards to fully on-chain experiences, Sequence’s easy-to-integrate platform solves blockchain complexities, so developers can focus on creative execution and delivering amazing player experiences.

Trusted by hundreds of games and thousands of developers. Sequence is backed by Take-Two Interactive, Ubisoft, Xsolla, Bitkraft, Brevan Howard, Coinbase, Polygon, and more. For more information, please visit the Sequence website.