@zels: It's not, because, assaid, first of all, a snake eating it's own tail is not unique to the Wheel of Time. It's an Ouroboros. A common mythological theme. Second, the holder of the Wheel of Time IP, Red Eagle, recently announced that they are now working with Jet Set Games, developing Mobile Games.
Also, as someone who has read the books multiple times, there's nothing in anything written so far that I feel could even be remotely related. (This is not to say it isn't, just that it doesn't have that feel).
It's a shame, as I would've liked to have seen Obsidian make a Wheel of Time game, and additionally unfortunate because Red Eagle are now working on Mobile Games? (Euuuuugh).
If anything, the names/locations in the texts have a bit of a celtic feel to me, which makes me think a bit of Dungeon Siege. Could be new IP, or something else.