Netflix has secured the film rights to Callie Hart's fantasy romance novel 'Quicksilver' in a lucrative seven-figure deal, which includes plans for two sequels.

The novel follows 24-year-old Saeris Fane, who accidentally reopens a gateway between realms and binds herself to a Fae warrior named Kingfisher.

'Quicksilver' is the first installment in the planned Fae and Alchemy Trilogy, with the second book set to be released in fall 2025.

Since its release on June 3, 2024, 'Quicksilver' has quickly become a bestseller, gaining significant traction on TikTok with 3 million mentions within two months.

Elizabeth Cantillon will produce the adaptation under The Cantillon Company, with Hart serving as an executive producer.

While Netflix plans to adapt all three books in the trilogy, it remains unclear whether these adaptations will take the form of a TV series or a series of films.

The fantasy genre is highly competitive, and Netflix aims to create a series that can rival other major adaptations like Amazon Prime's 'The Rings of Power' and Disney+'s 'Eragon'.

Recent trends show studios are increasingly pursuing rights to contemporary novels, with similar adaptations like Amazon's 'Fourth Wing' in development.

As of now, it is uncertain whether 'Quicksilver' will be adapted into a feature film or a television series.

Netflix has a strong track record with fantasy adaptations, including hits like 'The Witcher' and 'Shadow and Bone,' which positions them well for this new project.

The acquisition of 'Quicksilver' reflects Netflix's strategy to capitalize on successful modern literature, potentially placing it alongside iconic franchises like Harry Potter and The Hunger Games.

The deal for 'Quicksilver' was brokered by WME, which also facilitated the competitive auction for the book's publishing rights.