The latest installment of the Final Fantasy series will be a Sony PlayStation 5 exclusive. And Square Enix showed off the first trailer for Final Fantasy XVI during the PlayStation 5 showcase. It showed both battle and cutscenes from the action RPG dropping in 2021. Square Enix didn't reveal much outside of the trailer except for adding the line, "The legacy of the crystals has shaped our history for long enough…" in the trailer's description.
Source: The Verge