(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Sangjin] On the 11th, WeMade closed down by 3.09% on the KOSDAQ market, finishing at 47,500 won per share, down 1,300 won from the previous trading day. At the opening, it plummeted by 5.11% to 39,900 won, dipping below 40,000 won.

The decline was attributed to the news of the withdrawal of WeMade's ambitious blockchain wallet service after just six months. WeMade announced the closure of its blockchain wallet service, "UNA Wallet," which was launched at the end of last year. The "UNA Swap" service, which allowed the exchange of virtual assets held by the company into currencies on different blockchain networks, ceased operations the day before.

UNA Wallet was a core application of WeMade's Omni-Chain project "Unagi," which aimed to connect various virtual assets on different blockchain networks such as WEMIX 3.0, Ethereum, and Polygon, along with various apps, into one platform.

WeMade's Singapore-based subsidiary, WeMix Foundation, announced through its official website on the 10th that the UNA Wallet service would be discontinued in September of this year. They stated that the decision to terminate the service was made to enhance user convenience and provide better services in the future.

 

 

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