Snail to Launch Stablecoin Amid Gaming Expansion

Snail, Inc. is a global gaming company developing interactive digital entertainment for various platforms. They have a portfolio of premium games including ARK: Survival Evolved, Bellwright, Last Oasis, Atlas, and PixARK. Snail is exploring the launch of a stablecoin, expanding its presence in the gaming industry.

Culver City, Calif. — Snail, Inc. (Nasdaq: SNAL), a leading global independent developer and publisher of interactive digital entertainment, has announced its intention to explore the development of a proprietary stablecoin as part of a strategic digital asset initiative [1]. This move comes amidst the growing potential of crypto-based transactions in the digital entertainment and gaming industry.

The company, which boasts a portfolio of premium games including ARK: Survival Evolved, Bellwright, Last Oasis, Atlas, and PixARK, aims to position itself as an early mover within the digital entertainment sector. Snail Games has retained Dr. George Cao, an external consultant with expertise in cryptocurrency and blockchain technologies, to support this initiative [2].

The exploration of a stablecoin is a natural evolution of Snail's innovation-led strategy, which seeks to align blockchain-based technologies with the company’s long-term goal of driving digital transformation in the entertainment space. While no decisions have been made to integrate such technology into the Company’s corporate strategy, Snail continues to evaluate the feasibility of developing and exploring its stablecoin with multiple external use cases [1].

Snail Games has also engaged a seasoned legal advisory team, including a nationally recognized law firm ranked by Chambers FinTech Legal USA as a leading firm serving cryptocurrency and blockchain clients [1]. The company is assessing the feasibility of developing a stablecoin with multiple external use cases, though no timeline or commitment has been established. Snail may evaluate future hiring needs for professionals with specialized blockchain experience [2].

This initiative is part of a broader strategy to drive innovation within the gaming industry, which has seen significant growth in recent years. The gaming industry generated $184 billion annually in 2024, nearly double the combined revenue of movies and music [3]. Despite the revenue growth, Snail Inc. reported a net loss of $1.9 million in the first quarter of 2025, indicating the company's focus on innovation and growth over short-term profitability.

Investors should closely monitor Snail Inc.'s progress in this initiative, as it has the potential to significantly impact the company's future growth and market position. The company’s financial health score is currently FAIR, according to InvestingPro analysis, with the stock trading above its Fair Value [2].

References:
[1] https://www.globenewswire.com/news-release/2025/07/15/3115966/0/en/Snail-Inc-Announces-Intent-to-Explore-Proprietary-USD-Backed-Stablecoin.html
[2] https://ca.investing.com/news/company-news/snail-games-explores-stablecoin-development-in-gaming-industry-93CH-4102972
[3] https://medium.com/@aksh8t/gaming-industry-the-184-billion-entertainment-empire-that-dwarfs-hollywood-10aa41c749d5