Wemade announced a strategic investment in DRX, a esports company

• DRX IP to onboard WEMIX and expand its ecosystem
• Both parties to cooperate for the advancement of eSports culture

Wemade announced a strategic investment in DRX. The companies will join forces in leading eSports fan culture and integrate it with the WEMIX platform for ecosystem expansion.

Founded in 2012, DRX is a Korean eSports company whose eSports teams include games such as League of Legend, Warcraft 3, Tekken 7 and more.

DRX's League of Legend team recently won the 2022 LoL World Championship, and Valorant team recorded 103 wins and 4 draws during a year and a half since its debut. With 22 championships under its belt, the team is considered to be the strongest in Asia .

Wemade plans to reach out to 3.7M DRX fans worldwide by onboarding DRX's excellent IP.

"eSports is a perfect fit for blockchain, since it has been evolving futuristically through repeated technical innovations," said Henry Chang , CEO of Wemade. "Through NILE, the DAO & NFT platform of WEMIX, we will complete a digital economy that connects gaming, entertainment, sports, art, and finance."

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SOURCE Wemade Co., Ltd