Chainlink Labs joins WEMADE-Led KRW stablecoin alliance
28 January 2026 South Korea
Image: cryptoFX/stock.adobe.com
WEMADE, a Korean gaming company and parent company of blockchain ecosystem WEMIX, has announced that Chainlink Labs, one of the developers of oracle platform, Chainlink, has joined the Global Alliance for Korean Won Stablecoin (GAKS).
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, launched in November 2025.
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 their set of enterprise alliance members.
Chainlink will also play a role in ensuring that KRW stablecoins maintain data integrity and stability aligned with global financial market standards.
With the addition of Chainlink, GAKS’s alliance spans security, regulatory compliance, fintech, and data infrastructure, building on previous partnerships with Chainalysis, a blockchain data analytics and compliance firm CertiK, a blockchain security audit firm SentBe, and a global fintech and international remittance company.
Shane Kim, vice president of WEMADE and CEO of WEMIX, notes: "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, adds: "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 tokenised asset initiatives in the Korean and APAC region."
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, launched in November 2025.
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 their set of enterprise alliance members.
Chainlink will also play a role in ensuring that KRW stablecoins maintain data integrity and stability aligned with global financial market standards.
With the addition of Chainlink, GAKS’s alliance spans security, regulatory compliance, fintech, and data infrastructure, building on previous partnerships with Chainalysis, a blockchain data analytics and compliance firm CertiK, a blockchain security audit firm SentBe, and a global fintech and international remittance company.
Shane Kim, vice president of WEMADE and CEO of WEMIX, notes: "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, adds: "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 tokenised asset initiatives in the Korean and APAC region."
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