Street Fighter and Tekken had had a rivalry long before any game was announced. Receiving confirmation that there would be ways to pit Ryu against Jin was just the best news. However, it was not meant to be (My money was on Jin).
Katsuhiro Harada has come out and said that the project is not "dead" and has instead been put on hold. He confirmed that there were translation errors in the video, and that is why people had the wrong idea.
Read more: Tekken x Street Fighter Is Not Dead Yet.
According to an announcement made in 2010, there would be two crossover fighting games: Street Fighter X Tekken and Tekken X Street Fighter, with one being developed by Capcom and the other by Bandai Namco. The idea seems to have been dispelled by recent news.
Tekken X Street Fighter cancelled
Fighting game fans were ecstatic about this crossover, as the two franchises colliding in two titles was exciting. Many were excited to see both stars of these franchises playing on the same engine and using the same gameplay style. Unfortunately, things started falling apart after the release of Street Fighter X Tekken.
The game had several flaws, including an imbalanced Gem System and Capcom's controversial on-disc DLC policy. The problems with Street Fighter x Tekken problems led to Bandai Namco's Tekken X Street Fighter being put on hold. Many blame the issues of this game for the cancellation of the second.
Harada expressed an interest in returning to the project but decided not to in favour of Tekken 7. When Harada and Tekken 7 director Kouhei Ikeda were asked about the crossover, the latter confirmed that Tekken X Street Fighter had been halted after 30 per cent of its development. Apparently, models and animations were completed before the project was officially cancelled.
Despite the collaboration being ambitious from the beginning, only the first half of Street Fighter X Tekken will ever be released. Bandai Namco's half of the crossover was officially cancelled by Harada. The second game will never see the light of day, unfortunately.
While the crossover project has been cancelled, it is not all lost for fans of the Tekken X Street Fighter concept. Kazuya Mishima, Tekken's own fighter, will be available as a DLC fighter in Smash Ultimate. As Street Fighter's Ken and Ryu are already in Super Smash Bros Ultimate, Kazuya could provide a solution to this missed opportunity.