The game is live today using the PC client but so far no word on steam client. They are very quiet in Discord about answering this question. I'm starting to wonder if they ever planned for this to come out on steam

When will this game be release?

Amazing game!

i played ragnarok online 1 and 2 and i am new to the series so what the V stand for? 5?

According to this article the game will launch on August 6th? https://massivelyop.com/2025/07/29/ragnarok-v-returns-is-yet-another-ragnarok-mobile-mmo-launching-this-summer/