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- Chainlink Labs will provide strategic support on technical standard establishment and infrastructure enhancement based on global market expertise, as well as opportunities for alliance members to leverage the Chainlink platform for key tokenized asset use cases.
- Following the recent additions of Chainalysis, CertiK, and SentBe, Chainlink Labs' inclusion strengthens the security, transparency, and reliability of the KRW stablecoin alliance's infrastructure.
SINGAPORE, Jan. 27, 2026 /PRNewswire/ -- Today, leading Korean gaming company WEMADE, parent company of the global blockchain ecosystem WEMIX, announced that Chainlink Labs, one of the primary contributing developers of Chainlink, the industry-standard oracle platform, has officially joined the Global Alliance for Korean Won (KRW) Stablecoin (GAKS).
Launched in November 2025, GAKS is an alliance formed to expand real-world usage of KRW-backed stablecoins, including the assurance of global regulatory compliance with Korean financial standards. With Chainlink Labs providing strategic support, WEMADE will enhance its competitiveness in the global market and accelerate the establishment of a trusted KRW stablecoin ecosystem.
Chainlink is the leading oracle platform for the digital asset industry, powering the convergence of the traditional financial system with on-chain finance. Many of the world's largest financial institutions have adopted the Chainlink standard and infrastructure—including Swift, UBS, Euroclear, Mastercard, and Fidelity International—while also bringing key data from the U.S. Department of Commerce on-chain, demonstrating its industry leadership with governments and major financial institutions worldwide. Chainlink's work with these organizations and market infrastructures, as well as its role in powering the majority of DeFi, makes its expertise an extremely valuable addition to the KRW stablecoin alliance.
Through the GAKS alliance, Chainlink Labs will provide strategic support to enable the establishment of global standards and contribute to the development of institutional digital asset use cases across our set of enterprise alliance members. Chainlink will also play a pivotal role in ensuring that KRW stablecoins maintain data integrity and stability aligned with global financial market standards.
With the addition of Chainlink, GAKS has now assembled a comprehensive alliance spanning security, regulatory compliance, fintech, and data infrastructure, following previous partnerships with Chainalysis, a blockchain data analytics and compliance firm CertiK, a blockchain security audit firm SentBe, a global fintech and international remittance company, and now Chainlink, the industry-standard oracle platform.
WEMADE is accelerating real-world use cases for KRW stablecoins through alignment with global regulatory compliance and collaboration with industry-leading specialized firms, establishing technical standardization and a trusted ecosystem aligned with GAKS's vision.
Shane Kim, VP of WEMADE and CEO of WEMIX, said: "Chainlink's participation marks a significant milestone for GAKS in securing global-level technical excellence and trust. Through close collaboration with Chainlink, we will continue to build a sound KRW stablecoin ecosystem."
Johann Eid, Chief Business Officer at Chainlink Labs, added: "WEMADE and the GAKS alliance are building critical infrastructure for the next phase of digital assets in Korea. Through the strategic alliance with WEMADE, Chainlink is providing industry expertise and key opportunities for GAKS members to leverage the Chainlink platform as they continue to develop stablecoin and tokenized asset initiatives in the Korean and APAC region."
WEMADE has released a recording of a Fireside Chat featuring GAKS alliance members on its official YouTube channel. Please visit the following link to watch the video where GAKS members share their vision and strategic direction for building a KRW stablecoin ecosystem: https://www.youtube.com/watch?v=mqoS6ddZC0Q/.
About WEMADE
WEMADE is the only company combining over two decades of AAA game development success with a fully operational, game-proven blockchain ecosystem—built entirely on its proprietary Layer-1 mainnet, WEMIX3.0. Known for global hits such as The Legend of Mir, MIR4, NIGHT CROWS and Legend of YMIR, WEMADE is leading the industry in seamlessly integrating gameplay, tokenomics, NFTs, stablecoin payments, and blockchain infrastructure. Through WEMIX PLAY, WEMADE delivers a unified digital economy where players, creators, and investors can own, trade, and benefit from digital assets—powering the next generation of interactive entertainment and driving the evolution of Web3 gaming. For more information, please visit https://wemade.com/.
About WEMIX:
WEMIX is a leading blockchain ecosystem for gaming and digital economies, powered by its highly scalable, EVM-compatible Layer-1 mainnet, WEMIX3.0. With a wide range of integrated services—including NFTs, DeFi, stablecoin payments, and tokenized in-game assets—WEMIX enables seamless integration between gameplay and real-world value. Designed to be transparent, sustainable, and developer-friendly, WEMIX serves as the foundation for the global Web3 gaming ecosystem. For more information, please visit https://wemix.com/.
About Chainlink Labs:
Chainlink Labs is one of the primary contributing developers of Chainlink, the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, Decentralized Finance (DeFi), payments, stablecoins, and more. Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, Aave, GMX, Lido, and many others.
Chainlink Labs is a world-class team of over 600 developers, researchers, and capital markets experts, and has ranked among Fortune's Best Workplaces in Technology, Fortune's Best Medium Workplace, and the Top 100 Global Most Loved Workplaces. Learn more at chain.link or chainlinklabs.com.
About Chainlink:
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Lido, GMX, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.
- Chainlink Labs will provide strategic support on technical standard establishment and infrastructure enhancement based on global market expertise, as well as opportunities for alliance members to leverage the Chainlink platform for key tokenized asset use cases.
- Following the recent additions of Chainalysis, CertiK, and SentBe, Chainlink Labs' inclusion strengthens the security, transparency, and reliability of the KRW stablecoin alliance's infrastructure.
SINGAPORE, Jan. 27, 2026 /PRNewswire/ -- Today, leading Korean gaming company WEMADE, parent company of the global blockchain ecosystem WEMIX, announced that Chainlink Labs, one of the primary contributing developers of Chainlink, the industry-standard oracle platform, has officially joined the Global Alliance for Korean Won (KRW) Stablecoin (GAKS).
Launched in November 2025, GAKS is an alliance formed to expand real-world usage of KRW-backed stablecoins, including the assurance of global regulatory compliance with Korean financial standards. With Chainlink Labs providing strategic support, WEMADE will enhance its competitiveness in the global market and accelerate the establishment of a trusted KRW stablecoin ecosystem.
Chainlink is the leading oracle platform for the digital asset industry, powering the convergence of the traditional financial system with on-chain finance. Many of the world's largest financial institutions have adopted the Chainlink standard and infrastructure—including Swift, UBS, Euroclear, Mastercard, and Fidelity International—while also bringing key data from the U.S. Department of Commerce on-chain, demonstrating its industry leadership with governments and major financial institutions worldwide. Chainlink's work with these organizations and market infrastructures, as well as its role in powering the majority of DeFi, makes its expertise an extremely valuable addition to the KRW stablecoin alliance.
Through the GAKS alliance, Chainlink Labs will provide strategic support to enable the establishment of global standards and contribute to the development of institutional digital asset use cases across our set of enterprise alliance members. Chainlink will also play a pivotal role in ensuring that KRW stablecoins maintain data integrity and stability aligned with global financial market standards.
With the addition of Chainlink, GAKS has now assembled a comprehensive alliance spanning security, regulatory compliance, fintech, and data infrastructure, following previous partnerships with Chainalysis, a blockchain data analytics and compliance firm CertiK, a blockchain security audit firm SentBe, a global fintech and international remittance company, and now Chainlink, the industry-standard oracle platform.
WEMADE is accelerating real-world use cases for KRW stablecoins through alignment with global regulatory compliance and collaboration with industry-leading specialized firms, establishing technical standardization and a trusted ecosystem aligned with GAKS's vision.
Shane Kim, VP of WEMADE and CEO of WEMIX, said: "Chainlink's participation marks a significant milestone for GAKS in securing global-level technical excellence and trust. Through close collaboration with Chainlink, we will continue to build a sound KRW stablecoin ecosystem."
Johann Eid, Chief Business Officer at Chainlink Labs, added: "WEMADE and the GAKS alliance are building critical infrastructure for the next phase of digital assets in Korea. Through the strategic alliance with WEMADE, Chainlink is providing industry expertise and key opportunities for GAKS members to leverage the Chainlink platform as they continue to develop stablecoin and tokenized asset initiatives in the Korean and APAC region."
WEMADE has released a recording of a Fireside Chat featuring GAKS alliance members on its official YouTube channel. Please visit the following link to watch the video where GAKS members share their vision and strategic direction for building a KRW stablecoin ecosystem: https://www.youtube.com/watch?v=mqoS6ddZC0Q/.
About WEMADE
WEMADE is the only company combining over two decades of AAA game development success with a fully operational, game-proven blockchain ecosystem—built entirely on its proprietary Layer-1 mainnet, WEMIX3.0. Known for global hits such as The Legend of Mir, MIR4, NIGHT CROWS and Legend of YMIR, WEMADE is leading the industry in seamlessly integrating gameplay, tokenomics, NFTs, stablecoin payments, and blockchain infrastructure. Through WEMIX PLAY, WEMADE delivers a unified digital economy where players, creators, and investors can own, trade, and benefit from digital assets—powering the next generation of interactive entertainment and driving the evolution of Web3 gaming. For more information, please visit https://wemade.com/.
About WEMIX:
WEMIX is a leading blockchain ecosystem for gaming and digital economies, powered by its highly scalable, EVM-compatible Layer-1 mainnet, WEMIX3.0. With a wide range of integrated services—including NFTs, DeFi, stablecoin payments, and tokenized in-game assets—WEMIX enables seamless integration between gameplay and real-world value. Designed to be transparent, sustainable, and developer-friendly, WEMIX serves as the foundation for the global Web3 gaming ecosystem. For more information, please visit https://wemix.com/.
About Chainlink Labs:
Chainlink Labs is one of the primary contributing developers of Chainlink, the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, Decentralized Finance (DeFi), payments, stablecoins, and more. Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, Aave, GMX, Lido, and many others.
Chainlink Labs is a world-class team of over 600 developers, researchers, and capital markets experts, and has ranked among Fortune's Best Workplaces in Technology, Fortune's Best Medium Workplace, and the Top 100 Global Most Loved Workplaces. Learn more at chain.link or chainlinklabs.com.
About Chainlink:
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Lido, GMX, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Chainlink Labs Joins WEMADE-Led KRW Stablecoin Alliance 'GAKS' to Advance Korean Digital Asset Standards
SEOUL, South Korea, April 3, 2026 /PRNewswire/ -- Upbit, a world-class digital asset exchange operated by Dunamu Inc., today announced that it has signed a Memorandum of Understanding (MOU) with Indonesia Crypto Exchange (ICEx), a licensed digital asset bourse in Indonesia. The MOU establishes a strategic framework for technical and operational collaboration aimed at accelerating the development of Indonesia's regulated crypto ecosystem and supporting the growth of a sustainable, well-governed market.
The partnership was marked by a high-level summit held at Upbit's Seoul headquarters, where CEO Kyoungsuk Oh hosted a senior Indonesian delegation comprising high-ranking government officials, representatives from the Chamber of Commerce Indonesia, and key industry players to discuss the evolution of regulated digital finance.
The inclusion of the Chamber of Commerce underscores the mission to integrate it into the broader Indonesian commercial landscape. During the meetings, Upbit's leadership and Kadin representatives discussed future-forward plans to bridge Korean technological prowess with Indonesian market potential, ensuring that the digital asset roadmap aligns with the country's national economic interests and private sector growth.
Building a Regulated Global Standard
Under this strategic framework, Upbit will support the growth of Indonesia's digital asset ecosystem by providing core platform technology and operational expertise to build and operate a resilient, compliant trading venue, including key exchange infrastructure such as matching, risk management, and market operations.
The partnership will also explore innovation in areas such as custody solutions while strengthening regulatory technology to enhance oversight, compliance, and reporting.
ICEx and Upbit have aligned as strategic partners to leverage Upbit's proven track record as South Korea's leading exchange and its global reputation for maintaining the highest standards in investor protection and regulatory compliance.
Expanding Upbit's Regional Footprint
Upbit is positioning itself as a critical infrastructure partner across Asia, supporting the development of secure, transparent, and trusted digital asset market frameworks.
This collaboration marks another milestone in Upbit's expanding role as a key driver of digital asset development across the region. The company has previously hosted high-level delegations from Vietnam—including senior government and financial leaders such as the Minister of National Defense, Minister of Finance, Chairperson of the State Securities Commission, and the Chairman of Military Bank—to showcase its advanced digital asset exchange infrastructure.
"This partnership reflects our commitment to fostering well-regulated digital asset ecosystems globally," said Kyoungsuk Oh, CEO of Dunamu, operator of Upbit. "By working closely with ICEx, we aim to share the platform technology and operational expertise that have established Upbit as a market leader in Asia and strengthen the foundational infrastructure of Indonesia's digital asset sector."
A New Era for Indonesian Digital Finance
ICEx operates as an important part of Indonesia's regulated digital asset ecosystem under the supervision of the Financial Services Authority (OJK). Established in line with Indonesia's three-layer regulatory framework for digital asset transactions, comprising a licensed bourse, central clearinghouse, and supporting an integrated market structure within the country's regulated framework. Upbit Indonesia is among its founding shareholders, alongside strategic investors including some of Indonesia's largest conglomerates and global exchanges.
"Partnering with Upbit brings invaluable global expertise to our local ecosystem," said Pang Xue Kai, CEO of ICEx Group. "Upbit's leadership in compliance and technology was a decisive factor for us. We believe this collaboration will contribute to the development of a more secure and trusted market environment in Indonesia."
Through this partnership, Upbit aims to support ICEx in laying the groundwork for a next-generation digital asset ecosystem in Indonesia while contributing to the broader evolution of regulated crypto markets across the region.
The parties formally announced the MOU at the Korea–Indonesia Business Partnership for Resilient Growth Forum on April 1st, 2026, a landmark bilateral event, attended by ministers and high-ranking officials from both countries. The forum featured the signing of MOUs by major companies from both countries across a range of sectors. The MOU between Upbit and ICEx underscored the strategic and institutional significance of the bilateral collaboration in digital finance innovation.
About Upbit
Upbit is a leading digital asset exchange headquartered in South Korea and operated by Dunamu Inc., a fintech company focused on building innovative financial services powered by blockchain technology. Since its launch in 2017, Upbit has become one of the largest cryptocurrency exchanges globally by trading volume, offering a wide range of digital assets and trading pairs.
Upbit provides a secure and user-friendly platform for trading, investing, and managing digital assets. The company prioritizes transparency, compliance, and investor protection, adopting industry-leading security practices.
Through continuous innovation and strategic partnerships, Upbit aims to drive the adoption of blockchain technology and contribute to a more accessible and efficient financial ecosystem.
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Upbit and ICEx Sign Strategic MOU to Fortify Indonesia's Digital Asset Infrastructure
