Wemade and Whampoa Digital launch a $100 million Wemade Web3 fund

ChainCatcher news, the operator of the Web3 game platform WEMIX PLAY, Wemade, has reached a strategic partnership with Singapore's Whampoa Digital to jointly launch a $100 million Wemade Web3 fund.

As part of the collaboration, Whampoa Digital will become Wemade's ecosystem partner in the WEMIX PLAY center at the DIFC Innovation Center, supporting developers collaborating with the WEMIX PLAY center. Both parties will engage in reciprocal transactions and project recommendations, particularly in the Web3 space, and may also co-invest in promising projects.

It is reported that Whampoa Digital is the technology investment arm of Whampoa Group and an early investor in digital assets and Web3 enterprises.