Company Behind Legend of Mir Series Invests $7.2M in Studio Founded by Lies of P Core Devs

Company Behind Legend of Mir Series Invests $7.2M in Studio Founded by Lies of P Core Devs
Mir 4. Credit: WeMade
Listen to this article
1:23

Key points

  1. Wemade, the creators of the Legend of Mir series, acquired a 25% equity stake in Studio Rasa.
  2. The creators of the Legend of Mir series invested about $7.2 million in a studio founded by key members of Neowiz’s Lies of P dev team.
  3. Besides that, Wemade also secured global publishing rights and a secondary investment option for Rasa’s first title, Project IL.

Wemade, the creators of the Legend of Mir series, acquired a 25% equity stake in Studio Rasa, which was founded by key members of Neowiz’s Lies of P development team.

In total, South Korean video game developer and publisher behind Web3 Legend of Ymir, The Legend of Mir 2, The Legend of Mir 3, Night Crows, and Mir4, Wemade, invested ₩10 billion (approximately $7.2 million) in console game studio Rasa, which was founded by Chang Kyu Noh (CEO), Tae-yeon Kim (Project Director), and Hyeon Kim (Art Director).

Besides that, Wemade also secured global publishing rights and a secondary investment option for Project IL, Rasa’s first title, which is currently in development and planned for release in 2028.

According to Wemade’s representatives, the investment will be used to expand Rasa’s development team, build prototypes, and establish art resources to support the overall production process of Project IL.

Notably, Wemade targets Q4 2025 for a global launch of Legend of Ymir, alongside the rollout of its core tokenomics item, G-Wemix.

Games in This Article

Previous article
Audiera Surpasses Its First Million Users
Next article
Hollow Knight: Silksong’s Release Continues to Prompt Indie Studios to Postpone Titles

Related articles

  • Legend of Ymir Opens Pre-Registrations Worldwide
    Web3 Gaming
    Legend of Ymir Opens Pre-Registrations Worldwide
    • By Mik Dzisko
    • August 19, 2025
    • 2 min
  • Legend of Ymir Targets Q4 2025 for Global Release
    Web3 Gaming
    Legend of Ymir Targets Q4 2025 for Global Release
    • By Mik Dzisko
    • July 8, 2025
    • 2 min
  • Build A Rocket Boy staff accuse leadership of mistreatment following MindsEye collapse
    Gaming Industry
    Build A Rocket Boy staff accuse leadership of mistreatment following MindsEye collapse
    • By Igor Belkin
    • October 10, 2025
    • 5 min
  • Heart Machine lays off staff, winds down development on Hyper Light Breaker
    Gaming Industry
    Heart Machine lays off staff, winds down development on Hyper Light Breaker
    • By Igor Belkin
    • October 9, 2025
    • 3 min

Today’s top stories