FaZe Clan, the boisterous gaming lifestyle brand, goes public

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Gaming and esports brand FaZe Clan became a publicly traded company Wednesday.

The company has been exploring a number of ventures beyond video games. Gambling, virtual dining and ghost kitchens, fan clubs and subscription models are some of the potential revenue generators Trink said the company is exploring.

Trink said FaZe has also discussed possible partnerships with Web3 companies to cut out the middleman of social media platforms. Web3 is a hypothetical concept for a decentralized internet utilizing blockchain technology and cryptocurrency. If this version of the internet comes to pass, Trink hopes it will also lead to FaZe-sponsored play-to-earn games and a way to deliver content that bypasses platforms such as YouTube or Instagram.

 

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FaZe Clan goes public via $725 million SPACFaZe Clan, one of the largest global gaming companies, began trading publicly on the Nasdaq today. It's one of the first gaming and entertainment companies targeted specifically toward Gen-Z consumers to go public.
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FaZe Clan goes public via $725 million SPACFaZe Clan, one of the largest global gaming companies, began trading publicly on the Nasdaq today. It's one of the first gaming and entertainment companies targeted specifically toward Gen-Z consumers to go public.
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