[Featured Stock] Bucket Studio Rises on Wemade and Bithumb Management News

[Asia Economy Reporter Hwang Junho] Bucket Studio showed strength following news that it will jointly manage Bithumb Korea together with Wemade.

As of 1:59 PM on the 27th, Bucket Studio is trading at 5,150 KRW, up 1,185 KRW (29.89%) from the previous trading day.

The rise appears to be due to the news that Jang Hyun-guk, CEO of Wemade, has been nominated as an inside director of Bithumb Korea. A domestic media outlet reported that CEO Jang will join the Bithumb Korea board of directors through a future shareholders' meeting. Following CEOs Lee Jeong-ah, Kim Young-jin, and Kang Ji-yeon, CEO Jang will join as an inside director. Among Bithumb Korea's inside directors, CEO Kang Ji-yeon is also the CEO of Bucket Studio.