Wemade, a parent company of WEMIX PTE. LTD has secured around $46 million in a new investment from the likes of high-profile brand such as Shinhan Asset Management, Kiwoom Securities and Microsoft.
“This is a meaningful investment by reputable financial and strategic investors with proven track records.” Henry Chang, CEO of Wemade said in an official statement. “Wemade and Wemix will continue to exert efforts to attract more capital and actively invest to build the global digital economy platform.”
The Wemade financial platform launched in 2000 and services many games behind the scenes. The company expanded recently by successfully launching its own blockchain mainnet, WEMIX3.0, which included the 100% collateralized stablecoin WEMIX$ and a DeFi platform WEMIX.Fi.