Wemade Makes Strategic Investment in Game Service Company 'Valof'
[Asia Economy Reporter Kang Nahum] Wemade announced on the 7th that it has made a strategic investment in Velop, an online and mobile game service company.
Velop, which is preparing for a KOSDAQ listing, has established a global organization and market share in the domestic market as well as North and South America, Europe, Greater China, Southeast Asia, and Japan, based on solid development capabilities and in-house publishing abilities.
The two companies have decided to introduce P&E (Play&Earn) elements into the games published by Velop, such as "Black Squad," "N-AGE," and "Icarus Online," and onboard them onto the WEMIX platform.
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Jang Hyun-guk, CEO of Wemade, said, "Various blockchains around the world will all be connected based on interoperability," adding, "WEMIX will do its best to become the platform enjoyed by the most users by collaborating with developers like Velop who have outstanding capabilities."
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