Nexon launches W250b hunt for next global game IP

Nexon said Thursday it will launch an investment program worth up to 250 billion won ($179 million) with the Korean government and Kona Venture Partners to discover promising intellectual properties in the gaming space and help emerging developers expand globally. At the center of the program is the 120 billion won Kona Global IP Investment Fund, which Nexon will establish with game-focused venture capital firm Kona Venture Partners through its new investment subsidiary, Nexon Partners. The fund