nxc

The audit report of NXC, the parent company of South Korean gaming giant Nexon, shows that by the end of 2025, the scale of cryptocurrency assets held by NXC is 147.6 billion won, including 2,356 bitcoins and 22,400 ethers, a decrease of 15.2% from the previous year's 174 billion won. NXC has sold its shares in Bitstamp and excluded it from its subsidiaries.In addition, NXC decided to dispose of all its shares in Korbit through a board resolution in February this year. Meanwhile, NXC, through its subsidiary NXMH, acquired shares in the European industrial solutions company CLI Group in February this year to promote business diversification.

According to ChainCatcher news, as reported by Chosun Biz, sources indicate that NXC, the holding company of South Korean gaming giant Nexon and the largest shareholder of one of South Korea's top five cryptocurrency exchanges, Korbit, is seeking to sell its 48% stake. NXC acquired a 62% stake in Korbit for 93 billion won in 2017, and its share was diluted after SK Square, an investment company under the SK Group, joined as the second-largest shareholder in 2021. An official from NXC stated, "We cannot make a formal statement at this stage."The report indicates that Korbit's performance has gradually deteriorated over the six years since being acquired by NXC. A deficit is also expected in 2023. NXC stated at the beginning of its investment that it would not directly participate in Korbit's management, and industry insiders analyze that even if Korbit falls into difficulties, NXC has not provided significant support to the exchange.

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