CertiK has recently joined forces with Korean gaming firm WEMADEin order to launch the Global Alliance of KRW Stablecoin (GAKS), to provide comprehensive security audit services for StableNet, Korea’s dedicated mainnet infrastructure for the complete lifecycle of KRW stablecoins.
At blockchain focused CertiK, they claim to regard Korea as a key international market and have maintained long-term collaborations “with core players in the Korean ecosystem, including WEMIX.”
In September of this year, blockchain security company CertiK reportedly made an appearance at Korea Blockchain Week (KBW), releasing “a security report focused on the Korean market and announcing plans to expand its local team to further support the growth of the Korean Web3 ecosystem.”
As noted in a blog post, here are some key elements covered in the MOU:
- CertiK will continue to offer node validation services to WEMADE, improving on-chain monitoring and mainnet technical support.
- CertiK will support StableNet’s blockchain explorer to enhance transparency and reliability.
- CertiK and WEMADE will develop a long-term collaboration framework around key areas, including security and compliance.
CertiK Co-founder and CEO Ronghui Gu has stated that their team and platform along with WEMADE have collaborated several different times in the past, witnessing WEMIX’s “evolution from gaming into on-chain financial infrastructure.”
This partnership will deepen their “collaboration and drive the development of a KRW-based stablecoin ecosystem.”
They now look forward to leveraging CertiK’s expertise in security as well as compliance to help Korea build a safe, transparent, and globally competitive digital asset infrastructure.”
The parties will now aim to develop a long-term collab framework around key areas such as mainnet technical support and stablecoin core infrastructure, including “security and compliance, aiming to advance the adoption of the KRW stablecoin in payments, trading, and cross-border applications.”
Together, CertiK and WEMADE seek to create and support a “mature, and efficient digital asset ecosystem in Korea, enhancing the country’s competitiveness and influence in the global blockchain and digital asset landscape.”
