Crypto NewsBitcoinSouth Korean Gaming Company NXC Decides to Reduce Its Crypto Holdings! Here...

South Korean Gaming Company NXC Decides to Reduce Its Crypto Holdings! Here Are the Details

NXC, the parent company of Nexon, one of South Korea's leading gaming companies, is undergoing a significant restructuring of its crypto asset strategy.

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NXC, the parent company of Nexon, one of South Korea’s leading gaming companies, is undergoing a significant restructuring of its crypto asset strategy.

According to local media reports, the company is both reducing its cryptocurrency holdings and exiting some of its investments in the sector.

According to NXC’s consolidated audit report, the total value of the crypto assets held by the company as of the end of 2025 will be 147.6 billion Korean won (approximately $108 million).

This portfolio contains 2,356 Bitcoin and 22,400 Ethereum. This figure represents a 15.2% decrease compared to the same period last year.

The company’s actions were not limited to asset reduction alone. NXC also sold its stake in the international cryptocurrency exchange Bitstamp, removing that subsidiary from its financial statements.

The company also announced plans to divest all of its shares in Korbit, a South Korea-based cryptocurrency exchange, in line with a board decision made in February.

However, NXC continues its strategy of diversifying its business. In February, the company acquired a stake in CLI Group, an industrial solutions company operating in Europe, through its Belgium-based investment arm NXMH.

Experts believe that these moves by NXC may be part of a long-term strategic repositioning effort amidst volatility in the cryptocurrency market.

*This is not investment advice.

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