Coinone allowed the resumption of Wemix trading on its own

Reporter Kim Jisun / approved : 2023-02-17 00:15:26
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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[Alpha Biz=(Chicago) Reporter Kim Jisun] Coinone, the nation's third-largest virtual asset (cryptocurrency) exchange, has re-listed its Wemix coins issued by game company Wemade, causing a stir in the industry as it has re-listed itself without prior communication with the joint consultative body of the Digital Asset Exchange (DAXA·), which was launched to enhance transparency in the disguised asset trading market. Coinone is also a member of DAC. It has been only two months since Dox jointly delisted WeMix in December last year due to problems such as violating the disclosure of distribution volume, providing information, and damaging trust. Coinone = Coinone announced on the 16th, "We provide an WEMIX·KRW transaction function that allows you to buy and sell Wemix stocks directly in Korean won (KRW)." Deposits are available from 10 a.m. and transactions from 6 p.m. on the same day. Coinone explained, "The problems such as violation of distribution volume, provision of information, and damage to trust that occurred during transaction support have been resolved." The decision was made after a close review of the submitted data and reasons for the termination of transaction support and future response plans. Coinone's net loss in the third quarter of last year was 3.2 billion won, which was reflected in the equity method of game company Com2uS Holdings, the second-largest shareholder of Coinone (38.42%). The deficit widened in the fourth quarter as the virtual asset market, including the FTX crisis, froze late last year. The 'investment loss of related companies' reflected in Com2uS Holdings' fourth-quarter earnings was 19.5 billion won. According to coin statistics platform Coin Market Cap, Wemix was traded at 2,551 won per unit, up more than 55.5 percent from 3:40 p.m. the previous trading day. Based on the total supply (959,422,000 Wemix), the market capitalization exceeds 2.4 trillion won.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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