WEMIX token lists on Kraken, gaining access to 4 Western markets

WEMIX, the native token of the Layer-1 blockchain ecosystem built by gaming developer WEMADE, began trading on Kraken on July 7, giving the project a regulated venue in the US, Canada, the UK and Australia.

"Aligning with partners who share our commitment to compliance and security is paramount," Shane Kim, CEO of WEMIX and Vice President of WEMADE, said. "Given Kraken's reputation, we are honored to collaborate with them as we scale our market reach, establish a strategic foothold in the US — the world's largest financial market — alongside other key Western regions."

Kraken, founded in 2011, supports more than 600 digital assets and operates across six national currencies. The exchange was the first crypto platform to conduct Proof of Reserves and maintains regulatory compliance across its jurisdictions. WEMIX depositors and traders can now access the token against the USD on the platform.

The listing arrives as WEMADE pushes into fintech and real-world asset infrastructure. The company recently launched StableNet, Korea's first dedicated Layer-1 blockchain for KRW-backed stablecoins, and formed the Global Alliance for KRW Stablecoin with Chainlink, Chainalysis and CertiK as founding members. WEMIX had previously maintained its deepest liquidity in South Korea, South America and parts of Asia; the Kraken integration extends its reach to institutional and retail investors across the Western financial system. WEMIX said it plans to pursue additional high-profile exchange listings to deepen global liquidity.

This article is for informational purposes only and does not constitute investment advice.