NiP re-enters League of Legends by partnering with ESV5

The Swedish esports organization, Ninjas in Pyjamas is partnering with Chinese company ESV5 and together they would enter China’s LPL. Just recently NIP has confirmed the deal that would see both the organization enter a new market together. The new entity would also be listed in American NASDAQ to become the first esports team to be in the New York-based stock exchange.

Victory Five who are 17th in LPL currently will now be rebranded to Ninjas in Pyjamas in 2022. As per the rules, the name change would have to come into effect until the 2022 LPL Summer Split. NiP already holds the experience of participating in VALORANT, Rainbow Six Siege, and FIFA. And after the ESV5 deal NiP enters the League of Legends professional arena once more.