Krafton
South Korean video game developer and publisher
KRAFTON, Inc. (Korean: 주식회사 크래프톤) is a South Korean video game publisher and holding company based in Seoul. It was created in November 2018 to serve as the parent company for Bluehole, founded by Chang Byung-gyu in Seoul in March 2007, and its subsidiaries. The company has published several notable video game titles including TERA, PUBG: Battlegrounds, and inZOI.
History
Following the success of PUBG: Battlegrounds, which had led to both investment from Tencent Holdings, and expansion and acquisition of studios, Bluehole opted to establish Krafton on November 5th 2018, to serve as a holding company for its video game properties. "Krafton" was selected based on the names of craft guilds of the Middle Ages. Kim Chang-han, the CEO of the PUBG Corporation (current PUBG Studios) that developed PlayerUnknown's Battlegrounds, was named as CEO for Krafton.
The company announced its plans to file for an initial public offering in July 2021, filing its initial approval for listing on the Korea Stock Exchange in April 2021. The firm planned to raise ₩5.6 trillion (US$5 billion) at a market valuation of ₩30 trillion (US$27.2 billion). The IPO was held on 10 August 2021; while its value dropped by 8.8% from the original asking price at the end of trading, it still ended with Krafton being valued at US$19.32 billion.
In 2026, Krafton announced a partnership with Hanwha Aerospace to jointly develop physical AI technologies and establish a joint venture.
The public source identifies “Krafton” as south Korean video game developer and publisher. This brief keeps that definition visible, then builds a research path around Krafton, South and Korean.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Sep 25, 2026. The linked authority identifier is Q4035237. VIAF identifies the subject as 154002859. 1 of 4 selected statements include explicit references; 0 carry qualifiers and 1 use preferred rank. The first chronological checks are 2018, 2007, 2021 and 2026.
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This entry incorporates text from “Krafton” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.