Wemade and SK Planet agreed on a strategic partnership for expanding the blockchain and platform market ecosystems. A partnership between Wemade's blockchain business WEMIX and SK Planet's OK Cashbag business. To make mutual minority share purchases by creating a close relationship. Wemade chairman Gwanho Park to buy WEMIX coins with the proceeds from the stock sale for the WEMIX ecosystem growth.

To accelerate closer business partnerships, the two companies are investing in each other's shares. Wemade and its subsidiary ChuanQi IP are acquiring 7.08% and 5.31% of SK Planet's shares for 20 billion KRW and 15 billion, respectively. SK Planet is buying 20 billion KRW's worth of Wemade's convertible bond, and about 15 billion of stocks owned by Gwanho Park, chairman of Wemade, thus holding around 1.27% of Wemade's shares.

Chairman Park will buy WEMIX coins with The proceeds from the stock sale, a decision made for the growth and revitalization of the WEMIX ecosystem. Both companies plan to find various ways for collaborative marketing and promotions, and expand into the blockchain field with OK Cashbag NFT membership.