【35 billion Korean won down the drain? The Korean version of 'capital dreams shattered'! Star husband heavily invests in Wemade, faces Wemix delisting crisis!】
When capital meets the decline of crypto, even the most glorious resume cannot withstand the impact of losses — actor Jun Ji-hyun's husband, Alpha Asset Management CEO Choi Jun-hyuk, heavily bet on Wemade, and is now facing a severe test of a valuation loss of up to 15.8 billion Korean won!
Core highlights at a glance:
1️⃣ Wemix's second delisting + hacking incident became the 'last straw' that broke Wemade, shattering the dream of blockchain gaming.
2️⃣ Choi Jun-hyuk's Alpha Asset bought a total of 35 billion Korean won in two rounds, with costs as high as 34,894 and 63,887 Korean won respectively, while the current price is only 25,000 Korean won. The huge 'evaporation of book value' is lamentable.
3️⃣ Wemade's stock price has plummeted 25% this year! In the first quarter, losses reached 11.3 billion Korean won, far exceeding market expectations, with blockchain business + heavy advertising investment yielding no results.
Wemade's future remains uncertain. Unless major games like 'Legend of Emil' and 'MIR M' achieve explosive success in the Chinese market, it will be difficult to reverse the downturn in the short term.
Although the official claims that 'investment structure is not solely based on stock price as the evaluation standard', the capital market will not empathize with your beliefs and sentiments. The flow of funds is the truth.
This is not only a 'capital experiment of a celebrity family', but also a true portrayal of how one can be bitten by the bubble in a narrative without a moat in the crypto space.
A warning to all investors:
Not every seemingly glorious project is worth going all in, and not every drop has a future.
On-chain logic, exchange compliance, and fund management are all indispensable; belief is not a cover for blind investment!
