All-Out Effort to Save WEMIX... CEO Jang Hyun-guk to Receive February Salary in WEMIX

Jang Hyun-guk, CEO of Wemade, continues his efforts to support WEMIX. He used his entire February salary to purchase the company's virtual asset, WEMIX.

On the 24th, Wemade announced through its official communication blog that CEO Jang bought 15,669 WEMIX tokens with his February salary of 52,396,850 KRW.

This purchase was made through Coinone, which recently re-listed WEMIX. To minimize the market impact during the purchase process, a split buying strategy was implemented using Algoris's OpenAPI.

Since April last year, CEO Jang has been purchasing WEMIX using his Wemade stock dividends and salary, making this his 12th purchase. The total amount he has spent on WEMIX purchases is 662,735,170 KRW, acquiring a total of 418,442 WEMIX tokens to date.

WEMIX faced a major crisis last year. It was delisted (trading support terminated) from the five major exchanges belonging to DAXA (Digital Asset Exchange Association), causing both Wemade’s stock price and WEMIX’s value to plummet simultaneously.

However, the atmosphere changed dramatically when Coinone re-listed WEMIX on the 16th. Coinone explained that the reason for resuming trading was that the trust issues regarding WEMIX had been resolved. Since the re-listing, WEMIX has recorded the third highest trading volume among virtual assets traded on domestic virtual asset exchanges, even briefly rising to second place.

Wemade is also accelerating listings on global exchanges. On the 20th, Wemade announced that WEMIX would be listed on Bitbns, India’s largest exchange. On the 15th, it was listed on Mercado Bitcoin, Brazil’s largest virtual asset exchange. Additionally, it has been listed on BitMart in North America and Gdac in Korea.

This content was produced with the assistance of AI translation services.