Krafton Invests 40.8 Billion KRW in US Subsidiary

On the 17th, Krafton announced that it will invest 40.8 billion KRW in Migaloo, a US-based metaverse service development and operation company.


After the investment, the shareholding ratio will be 85%.


Krafton stated that the purpose of this measure is "to establish a joint venture for entering the metaverse platform business and to secure future growth engines."

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