WEMIX

The WEMIX Foundation announced its decision to choose <a href="https://www.ceffu.com/" rel="noopener noreferrer nofollow">Ceffu</a> (the only institutional custody partner of Binance) as custodian <a href="https://medium.com/wemix-communication/wemix-under-binance-custody-bb8dd656c118" rel="noopener noreferrer nofollow">last December</a>. Today, the WEMIX Foundation is excited to announce that it has officially onboarded onto Ceffu’s custody platform.
WEMIX plans to store all Foundation-Owned non-circulating WEMIX in Ceffu’s custodial wallet solution to build a more secure and transparent asset management system. Ceffu maintains the highest level of security, having ISO 27001 and ISO 27701 certifications and completing SOC 2 Type 1 and <a href="https://www.binance.com/en/blog/ecosystem/ceffu-formerly-binance-custody-completes-its-soc-2-type-2-attestation-2935392642110815781" rel="noopener noreferrer nofollow">SOC 2 Type 2 attestations</a>. The foundation’s commitment to securing all Foundation-Owned non-circulating WEMIX in Ceffu will provide transparency to the WEMIX community and investors.
According to <a href="https://xangle.io/project/WEMIX-V2/live-watch" rel="noopener noreferrer nofollow">Xangle</a>, as of March 21, 2023, 17:30 PM KST, a total supply of&nbsp; 959,963,253.74 WEMIX (cumulative issued supply - burned) has been issued. The foundation-owned non-circulating supply of 607,889,723 WEMIX, which is approximately 74.5% of the total supply and 85.0% of the non-circulating supply is estimated to be secured in Ceffu through this partnership. The exact numbers will be provided after the integration of the WEMIX3.0 mainnet and asset transfer are complete. Per the <a href="https://medium.com/wemix-communication/amendments-to-the-wemix-supply-schedule-4f8acea30d0e" rel="noopener noreferrer nofollow">announcement</a> on February 28, WEMIX used from the corresponding WEMIX Foundation Max Supply Limit at the time of the transfer will be transferred from the WEMIX - Ceffu custodial wallet to the Foundation-owned Circulation wallet after a transfer disclosure announcement.
The WEMIX team will strive for the expansion and growth of the WEMIX ecosystem through various partnerships and continue to build trust among the community and investors through active communication.
Thank you.
About Ceffu Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 &amp; 27701 certified and SOC Type 1 &amp; Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets through its insured, segregated cold storage solution, Qualified Wallet. Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner.
On February 9, 2023, Binance Custody rebranded as Ceffu. Learn more about this change: <a href="https://www.ceffu.com/blog/binance-custody-is-now-ceffu" rel="noopener noreferrer nofollow">https://www.ceffu.com/blog/binance-custody-is-now-ceffu</a>

WEMIX Medium Announcement: <a href="https://medium.com/wemix-communication/wemix-announces-ceffu-formerly-binance-custody-as-custodian-dbf8eec488e1" rel="noopener noreferrer nofollow">https://medium.com/wemix-communication/wemix-announces-ceffu-formerly-binance-custody-as-custodian-dbf8eec488e1</a>
WEMIX Communication Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

WEMIX Announces Ceffu(the only institutional custody partner of Binance) as Custodian

WEMIX

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