Wemade (CEO Henry Chang) now draws investments totaling KRW 66 billion (about USD 46 million). Microsoft Corporation, Kiwoom Securities, and Shinhan Asset Management all took part in this round.

Wemade has surprisingly succeeded in attracting new money from renowned domestic financial investors and a foreign strategic investor at advantageous conditions despite the uncertain external environment and severe market volatility.
Henry Chang, CEO of Wemade, said: “This is a significant investment by recognised financial and strategic investors with solid track records. “Wemade and Wemix will keep making efforts to bring in more funding and actively invest in order to establish the global digital economy platform.”

Wemade, a company established in 2000, provides support for a number of games, including MIR4, which is based on the well-known Legend of Mir series IP. Since the company entered the blockchain market in 2018, The MIR4 Global has developed into the first well-made blockbuster blockchain game in the world.
A DeFi platform called WEMIX.Fi as well as the company’s own blockchain mainnet WEMIX3.0 with 100% collateralized stablecoin WEMIX$ were recently successfully established. Soon, NILE, a new platform for the economy that supports NFT and DAO, will also be unveiled. (EOD)

Source: Prnewswire