Bitblox Games is a gaming company registered on the Isle of Man. It announced Thursday that it would be bringing cryptocurrency games to the igaming industry, which has an estimated $68 billion in online gambling.

A company announcement said that the gaming studio will build exclusively on the Hxro Network – a distributed liquidity layer on the Solana Blockchain for betting applications – to create a “suite of on-chain” games.

Bitblox Games recent decision to develop crypto games for online gambling could have a significant impact on the Solana eco-system, Hxro Network, and the online gambling sector. These on-chain games aim to help expand the user base of existing igaming operators while also allowing users to play in new ways.

According to Hxro’s co-founder Dan Gunsberg, “On-chain gambling is a surprising underserved segment of the multi-billion dollar global igaming industry.” He added that Bitblox would bring the online gaming industry into the Web3 age.

Danny Nelson is the editor.