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Completely withdraw from cryptocurrency exchange investments! Nexon, the parent company of MapleStory, still holds 2,356 Bitcoins.
《MapleStory》’s parent company NXC restructures its business by selling stakes in crypto exchanges such as Bitstamp and Korbit, and concentrates resources on its core game business. Although it has pulled out of exchanges, NXC still holds a large amount of Bitcoin and continues to develop the blockchain game《MapleStory N》.
MapleStory Nexon parent company NXC withdraws from crypto exchange investments
The classic MMORPG《MapleStory》developer Nexon’s parent company NXC is reorganizing its business structure. In addition to investing in shares of the European industrial solutions company CLI Group (CLI Group B.V.), it is also substantially reducing its investments in the cryptocurrency exchange industry.
According to a report by《SBS Biz》, NXC’s shares in the cryptocurrency exchange Bitstamp, which it acquired through its Belgian investment company NXMH in 2018, had already been sold to fintech platform Robinhood in 2024, and Bitstamp was also removed from NXC Group’s list of affiliated companies.
In addition, NXC also adopted a board resolution this February to dispose of all the shares it holds in South Korea’s domestic exchange Korbit.
NXC still has 2,356 Bitcoins, and the MapleStory N blockchain game is still active
As of the end of 2025, NXC holds cryptocurrency assets with a total value of approximately 147.6 billion Korean won, including 2,356 Bitcoins ($BTC ) and 22,420 Ether ($ETH ). This represents a decrease of about 15.2% compared with 174 billion Korean won in 2024.
Besides holding cryptocurrency assets, NXC’s subsidiary Nexpace previously launched the blockchain game《MapleStory Universe》《MapleStory N》, with $NXPC tokens as its core of the in-game economy. In 2025,《MapleStory N》issued a total of 1 billion $NXPC tokens. After accounting for the tokens that were burned, the circulating supply was 996.15 million.
In its core gaming business, Nexon’s online and mobile game revenue surged 34.5%, reaching 3 trillion 52.1 billion Korean won. NXC is divesting non-core businesses and channeling resources into the gaming sectors with the strongest competitiveness.
Tencent acquisition rumors once drew attention, but the truth is a muddle
Since Nexon founder Kim Jung-ju has passed away, there was also a rumor in 2025 that Chinese internet giant Tencent is considering whether to acquire Nexon.
Citing a report by《Bloomberg》in June 2025, Tencent had contacted Kim Jung-ju’s family, but Chinese media outlet《The Beijing News》quickly posted a refutation. Sources close to Tencent said Tencent had not contacted the founder’s family of Nexon and had not considered acquiring Nexon. The two sides’ completely different accounts have turned this acquisition rumor into a muddle, and there have been no further developments so far.
Related reports:
Bloomberg reveals Tencent is studying an acquisition of NEXON! Chinese media says it’s not true—what is the real story?