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Liquidating cryptocurrency exchange holdings! The parent company of MapleStory and Nexon still tightly holds 2,356 Bitcoins.
Author: Crypto City
MapleStory Nexon parent company NXC withdraws from crypto exchange investments
The developer of the classic MMORPG “MapleStory,” Nexon’s parent company NXC, is restructuring its business framework. In addition to investing in European industrial solution company CLI Group (CLI Group B.V.), it is also significantly withdrawing from investments in the cryptocurrency exchange industry.
According to SBS Biz, NXC sold its shares in the cryptocurrency exchange Bitstamp, which it acquired through its Belgian investment firm NXMH in 2018, to fintech platform Robinhood in 2024, and Bitstamp has also been removed from NXC Group’s subsidiary list.
Additionally, NXC also decided in a board meeting this February to dispose of all its shares in the domestic Korean exchange Korbit.
NXC still holds 2,356 Bitcoins, and MapleStory N blockchain game remains
As of the end of 2025, NXC’s total cryptocurrency assets are valued at approximately 147.6 billion Korean won, including 2,356 Bitcoins ($BTC) and 22,420 Ether ($ETH), a decrease of about 15.2% compared to 174 billion Korean won in 2024.
Besides holding cryptocurrency assets, NXC’s subsidiary Nexon previously launched a blockchain game called MapleStory Universe “MapleStory N,” with $NXPC tokens as the core economy. In 2025, “MapleStory N” issued a total of 1 billion $NXPC tokens, with a circulating supply of 996.15 million after burning some tokens.
In terms of core gaming business, Nexon’s online and mobile game revenue surged 34.5%, reaching 3.0521 trillion Korean won. NXC is focusing resources on its most competitive gaming sectors by divesting non-core businesses.
Tencent acquisition rumors drew attention, but the truth remains unclear
Since Nexon founder Kim Jung-ju has passed away, there is a rumor in 2025 that Chinese internet giant Tencent is considering whether to acquire Nexon.
Bloomberg reported in June 2025 that Tencent had contacted Kim Jung-ju’s family, but Chinese media outlet The Beijing News quickly refuted this. An insider close to Tencent stated that Tencent has not contacted Nexon’s founding family and is not considering acquiring Nexon. The conflicting statements have turned this acquisition rumor into a mystery, and there are no further developments at this time.