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Wemade Founder Sells $600M Stake to Chinese Investor, Ending 26 Years of Founder Control

Wemade founder Park Kwan-ho has agreed to sell his entire 39.33% stake to NeoPulse, a subsidiary of Hong Kong's Shengsong Investment, for approximately $600 million, handing control of the WEMIX blockchain gaming platform and the Legend of Mir IP to Chinese-linked investors for the first time.

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