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Mega-ecosystem Wemade Attracts USD 46 Million Investments from Shinhan-Kiwoom-Microsoft

Wemade, a parent company of WEMIX PTE. LTD., attracts KRW 66 billion (approximately USD 46 million) investments today. Shinhan Asset Management, Kiwoom Securities and Microsoft Corporation have participated in this round.

Despite the uncertain external environment and severe market volatility, Wemade has remarkably succeeded to attract new capital from prominent domestic financial investors and a foreign strategic investor at favorable conditions.

Recently the company successfully launched its own blockchain mainnet WEMIX3.0 including 100% collateralized stablecoin WEMIX$ and a DeFi platform WEMIX.Fi. A new economy platform NILE that supports NFT and DAO will be introduced soon as well.

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