Whampoa Digital partners Wemade for $100M Web3 fund in Middle East

Whampoa Digital, the digital assets investment arm of Singapore-based Whampoa group, has partnered with South Korean gaming company Wemade for $100 million Web3 Fund and digital asset initiatives in the Middle East. The duo have entered into a strategic partnership to collaborate on the fund, which is to be established by Wemade.

South Korea’s Wemade secures $46M investments from Shinhan, Kiwoom and Microsoft

South Korean gaming firm Wemade, has secured KRW 66 billion ($46 million) investments from Shinhan Asset Management, Kiwoom Securities and Microsoft Corporation on Wednesday.