Response to the Termination of WEMIX Coin Trading Support on Korean Exchanges
As of May 2, 2025, four exchanges in Korea have decided to terminate trading support for WEMIX Coin.
We extend our sincere apologies to the WEMIX community for the concern and distress caused by the Play Bridge incident and the subsequent termination of trading support by Korean exchanges.
In response, we implemented a range of security and risk mitigation measures to strengthen infrastructure across all services. At the same time, proactive buybacks were executed to support market recovery and promote greater ecosystem stability. Requests from DAXA were addressed in good faith, with timely submission of all supporting documentation and clarifications.
Despite these efforts, the decision to terminate trading support was ultimately reached. Regardless of the circumstances, we sincerely apologize to all holders and community members affected.
The WEMIX Foundation and WEMADE remain fully committed to the ongoing growth of the WEMIX ecosystem. Previously announced security enhancements and buybacks will proceed as planned, and we are taking further steps to mitigate the impact of this development and support a return to operational stability.
Supporting the growth and long-term value of the WEMIX ecosystem is the most direct way to honor the continued support of our holders and community. Global expansion will continue through upcoming game and service launches, with our focus on long-term value creation and execution across both domestic and global markets.
Future communications will center on progress and development. We will prioritize accountability, transparency, and alignment with our community to rebuild trust and demonstrate continued advancement.
Thank you,
WEMIX Team