$\"\"$ <\/p>\n

A partnership between Wemade\u2019s blockchain business WEMIX and SK Planet\u2019s OK Cashbag business<\/span><\/li>\n
To make mutual minority share purchases by creating a close relationship<\/span><\/li>\n
Wemade chairman Gwanho Park to buy WEMIX coins with the proceeds from the stock sale for the WEMIX ecosystem growth<\/span><\/li>\n<\/ul>\n
Seoul, South Korea, 18th September 2023, ZEX PR WIRE<\/a>, <\/b>Wemade and SK Planet have agreed on a strategic partnership for expanding the blockchain and platform market ecosystems.<\/span><\/p>\n
To accelerate closer business partnerships, the two companies are investing in each other\u2019s shares.<\/span><\/p>\n
Wemade and its subsidiary ChuanQi IP are acquiring 7.08% and 5.31% of SK Planet\u2019s shares for 20 billion KRW and 15 billion KRW, respectively.<\/span><\/p>\n
SK Planet is buying 20 billion KRW\u2019s worth of Wemade\u2019s convertible bond, and about 15 billion KRW of stocks owned by Gwanho Park, chairman of Wemade, thus holding around 1.27% of Wemade\u2019s shares.\u00a0<\/span><\/p>\n
Chairman Park will buy WEMIX coins with the proceeds from the stock sale, a decision made for the growth and vitalization of the WEMIX ecosystem.<\/span>\u00a0<\/span><\/p>\n
Both companies plan to find various ways for collaborative marketing and promotions, and expand into the blockchain field with OK Cashbag NFT membership.<\/span><\/p>\n
\u201cI expect this partnership will bring innovation to our platform ecosystem and enable us to offer new experiences and values to our customers,\u201d said Hansang Lee, CEO of SK Planet. \u201cWe are committed to make synergistic effects and fruitful outcomes with Wemade.\u201d<\/span><\/p>\n
\u201cThe partnership with SK Planet, a long-standing company with a marketing platform like OK Cashbag, will create a tremendous synergy for both parties. The growth of Wemade and SK Planet in the Korean market will be accelerated, especially with our transparent society platform, Wepublic,\u201d said Henry Chang, CEO of Wemade.<\/span><\/p>\n
Wemade will continue to actively seek partnerships with Korean and global companies.<\/span><\/p>\n
Press Contact: <\/span>wylee@wemade.com<\/span><\/a><\/p>\n
About Wemade<\/b><\/p>\n
A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit <\/span>www.wemix.com\/communication<\/span><\/a> for more information.<\/span><\/p>\n<\/div>\n
\nThe Post Wemade and SK Planet Enter Strategic Partnership to Drive Blockchain and Platform Business Growth\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n
Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com<\/p>\n","protected":false},"excerpt":{"rendered":"
A partnership between Wemade\u2019s blockchain business WEMIX and SK Planet\u2019s OK Cashbag business To make mutual minority share purchases by creating a close relationship Wemade chairman Gwanho Park to buy WEMIX coins with the proceeds from the stock sale for the WEMIX ecosystem growth Seoul, South Korea, 18th September 2023, ZEX PR WIRE, Wemade and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-7016","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/7016"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=7016"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/7016\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=7016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=7016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=7016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}