Netflix has acquired Ready Player Me, a metaverse identity platform backed by a16z, in a strategic move to enhance its technology offerings. While the financial terms of the deal remain undisclosed, Ready Player Me is set to cease operations by January 31, 2026, with its team transitioning to Netflix. The platform, which raised $72 million from notable investors including David Baszucki, Justin Kan, and Tom Preston-Werner, will bring on-chain news and identity tools to Netflix's expanding tech portfolio.