Binance Custody to Safekeep Wemade’s Token $WEMIX

The world’s largest crypto exchange Binance’s institutional custody service, Binance Custody, will manage $WEMIX and verify its circulation volume as early as next week, Wemade said.

About 70% of WEMIX’s total supply, which is 92% of the token that is not in circulation, will be managed by Binance Custody, while the rest are either bound to smart contracts or to external entities, according to Wemade.

Previously, Upbit, Bithumb, Coinone and Korbit had announced that $WEMIX, the token of South Korean blockchain game developer Wemade, would be delisted from the exchange.