A significant blow to Wemade, the delisting of WEMIX from major exchanges has triggered a substantial decline in both the company’s stock value and its associated token price. The WEMIX removal follows a security-related incident that led to concerns about the platform’s reliability. Following the delisting on June 7, 2025, by the Digital Asset Exchange Association (DAXA), Wemade’s stock experienced a 20% drop within the first quarter of 2023, while WEMIX itself witnessed a dramatic 60% price collapse. This impact is particularly felt by Alpha Asset Management, which holds approximately 35 billion KRW in Wemade stock, incurring losses estimated at about 14.5 billion KRW due to the delisting. ]