Wemade remains committed to expansion despite WEMIX token delisting

By: blockchaingamer biz|2025/05/05 18:45:01

Wemade’s WEMIX price collapsed by as much as 60% after the five main South Korean exchanges announced the token’s delisting from 2nd June. Regardless of the decision, Wemade says it remains fully committed to the expansion of the WEMIX platform through its upcoming game launches. Enhanced security measures and token buybacks will proceed as previously announced. Following a decision from the South Korean Digital Asset Exchange Association that WEMIX does not “meet the criteria for maintaining transaction support”, five major local exchanges including Upbit, Bithumb, Coinone, Korbit and Gopax announced plans to delist the token for the second time. This occurred following Wemade’s delayed reaction to the theft of $6.2 million tokens from its cross-chain protocol Play Bridge in February 2025. The token was previously delisted in 2022 over concerns about the number of circulating tokens. Aside from the Korean exchanges, WEMIX is traded on the Gate, Kucoin and MEXC exchanges amongst others, although Korean outfit Bithumb was its top source of trading volume. In response to the delisting news, Wemix has said its expansion strategy remains the same, “Supporting the growth and long-term value of the WEMIX ecosystem remains the most direct way to respond to the continued support of holders and the community. Global expansion will continue through upcoming game and service launches”. It also adds that “emphasis will be placed on accountability, transparency, and alignment with the community to rebuild trust and demonstrate continued advancement.” The WEMIX token is now down 40% during 2025. It hit its all-time-high of almost $25 in November 2021. Since its 60% plunge, the token has stabilised some, with a current price of $0.39 .

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.

2025 Full-Year Financial Highlights

Revenue: Expected to be between $39 million and $41 million, reaching a new company high.

Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.

Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.

Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.

Core Consumer Food Business Performance

In 2025, DDC's core consumer food business maintained strong operational performance.

The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.

In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.

Bitcoin Reserve Update

In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.

As of December 31, 2025: The company holds 1,183 BTC.

As of February 28, 2026: Holdings increased to 2,118 BTC

Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC

DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."

Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.

The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins