As reported by ChainCatcher, streaming giant Netflix has announced the acquisition of Ready Player Me, a metaverse identity platform backed by a16z. The move aims to enhance TV gaming experiences. Financial details of the deal were not disclosed. Ready Player Me will cease operations by January 31, 2026, with its team joining Netflix. The platform previously raised around $72 million, with notable investors including Roblox co-founder David Baszucki, Twitch co-founder Justin Kan, and GitHub co-founder Tom Preston-Werner.
Netflix Acquires Ready Player Me to Enhance TV Gaming Experience
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Summary
Netflix acquires Ready Player Me, a metaverse news focal point, to boost TV gaming. The metaverse identity platform, backed by a16z, will shut down by January 31, 2026, with staff joining Netflix. Ready Player Me raised $72 million, with investors like David Baszucki and Justin Kan. Financial terms remain undisclosed. The move aligns with growing crypto news interest in metaverse integration.
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