What [Spoiler]’s Cameo in Squid Game Season 3’s Ending Means for Season 4

The conclusion of Squid Game Season 3 featured a cameo by Cate Blanchett, leaving many wondering what it means for the franchise’s future. Released on June 27, the latest outing focuses on Gi-Hun and other players, whose struggle to survive continues as the game becomes even more deadly and carries serious consequences. While the series may not have concluded with a happy ending, it teases the expansion of the beloved franchise. So, here are the details.

Does Squid Game Season 3’s ending set up Season 4 with Cate Blanchett?

Not exactly. Squid Game Season 3 is confirmed to be the final chapter of the series. As a result, Season 4 will not happen. However, the scene featuring Blanchett hints at the possibility of a fourth installment within the same universe, likely in the form of a spin-off. Creator Hwang Dong-hyuk previously confirmed that discussions are ongoing around Squid Game: America. So, a spin-off could indeed happen. However, there are no official reports from Netflix as of yet.

The finale’s final moments show the Front Man visiting Gi-Hun’s house to deliver his winnings to his daughter. Afterwards, he sits in his car and hears a familiar sound—the slap of ddakji—coming from a nearby alley. Curious, he rolls down his window to check. At that moment, he notices a recruiter, played by Blanchett. They lock eyes before the Front Man drives away. This brief scene teases the potential of an English-language version of Squid Game.

Speculation about an American version of Squid Game began when industry scooper @MyTimeToShineHello posted on X (formerly Twitter) about the adaptation. The post claimed, “Cate Blanchett has been cast in the American spinoff to Squid Game.” The insider also stated that Season 3 is designed to set up this American spin-off, reportedly being developed by David Fincher. As of now, Netflix has not publicly confirmed the spin-off or shared any official information about its plot, cast, or release date.