South Korea’s gaming giant Nexon Group’s parent company, NXC, recently disclosed that it has completed the divestment of its cryptocurrency-related subsidiaries and acquired European industrial solutions company CLI Group B.V. through its Belgian investment arm, NXMH. In 2025, NXC generated revenue of KRW 5.1751 trillion, a 3.8% year-over-year increase, but operating profit declined 17.4% to KRW 960.9 billion, while net profit dropped significantly to KRW 85.9 billion due to base effects. Regarding cryptocurrency assets, as of the end of last year, NXC held 2,356 bitcoins and 22,420 ether tokens, with a total value of approximately KRW 147.6 billion—a 15.2% decrease from the previous year. Additionally, NXC has sold its equity stake in the overseas cryptocurrency exchange Bitstamp and has decided to divest its entire holdings in the domestic exchange Korbit; these entities are no longer included in the group’s consolidated financial statements.
Nexon Group Exits Crypto Subsidiaries, Acquires CLI Group B.V.
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Summary
NXC, the parent company of Nexon Group, has finalized the sale of its cryptocurrency subsidiaries, including its stakes in Bitstamp and Korbit. The company shifted its focus by acquiring CLI Group B.V. through its Belgian subsidiary, NXMH. In 2025, NXC reported revenue of KRW 51.751 trillion, a 3.8% increase, but operating profit declined 17.4% to KRW 960.9 billion. Net profit also fell to KRW 85.9 billion, partly due to base effects and shifting exchange flows. As of last year, NXC held 2,356 BTC and 22,420 ETH, valued at KRW 1.476 trillion, representing a 15.2% decline. Market sentiment remains mixed, with the Fear & Greed Index reflecting continued volatility in crypto assets.
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