The 32-year-old actor has signed up to appear in the sci-fi drama and he says he cannot wait to get to work, reported Contactmusic.
"It's going to be a crazy action movie from the directors of 'The Matrix'. They're going to reinvent the wheel as far as action goes, all over again," he said.
Tatum will play a higher-power alien being assigned to kill a young human woman, who will be portrayed by Mila Kunis. However, instead of killing her he ends up falling in love with her.
"Black Swan" star Natalie Portman was originally being lined up to star.
The film will be the first major science fiction project for the director duo Lana and Andy Wachowski since their work on "The Matrix".
Production is due to begin later this year and it is planned to be a series of movies.