[Featured Stock] Ssangyong Information & Communications Rises on Highlighted Cloud Provision to Wemade's 'Wemix' Platform

[Asia Economy Reporter Minwoo Lee] Ssangyong Information & Communications stock price is on the rise. It appears that the track record of supplying cloud services to Wemade's blockchain platform 'WEMIX,' which has been showing continuous growth due to the blockchain-based game 'Mir4,' has been highlighted.

As of 10:50 AM on the 29th, Ssangyong Information & Communications stock price recorded 1,185 KRW, up 20.55% compared to the previous day. This seems to be influenced by its classification as a stock related to Wemade, which has been showing a recent upward trend.

Recently, Wemade has been on a continuous rise due to expectations that the blockchain-based massively multiplayer online role-playing game (MMORPG) 'Mir4,' which has been a hit, could be linked with the 'Metaverse (expanded virtual world),' non-fungible tokens (NFTs), and more. Wemade plans to place about 100 games on its self-developed blockchain platform 'WEMIX' within next year.

Meanwhile, according to the Financial Supervisory Service's electronic disclosure system, Ssangyong Information & Communications is providing cloud services for the WEMIX platform to Wemade Tree, Wemade's blockchain affiliate.