Wemade has announced the formation of the GAKS alliance, a strategic partnership with industry leaders Chainalysis, CertiK, and SentBe, marking a significant step toward launching a compliant Korean won-pegged stablecoin on its mainnet. This initiative follows years of regulatory challenges and operational setbacks that previously hindered Wemade’s stablecoin ambitions.
The collaboration leverages Chainalysis’ blockchain analytics expertise for regulatory compliance monitoring, CertiK’s security auditing capabilities to ensure robust smart contract implementation, and SentBe’s cross-border payment infrastructure to facilitate seamless fiat integration. This multi-faceted approach addresses previous compliance gaps that delayed Wemade’s stablecoin deployment.
Industry analysts view this alliance as a calculated move to overcome South Korea’s stringent financial regulations governing digital assets. The partnership structure demonstrates Wemade’s commitment to building institutional-grade infrastructure for its proposed KRW-backed stablecoin, potentially setting new standards for compliant digital asset offerings in the Korean market.
The timing coincides with increasing regulatory clarity around stablecoins in key Asian markets, positioning Wemade to potentially capture first-mover advantages in Korea’s evolving digital currency landscape. Market observers anticipate the mainnet launch could occur within the coming quarters, pending final regulatory approvals.
