NXC, the holding company of South Korean gaming giant Nexon, is accelerating its business restructuring efforts by reducing its cryptocurrency holdings and expanding into new ventures. The company's crypto asset holdings have decreased to 147.6 billion KRW, marking a 15.2% year-on-year decline. This includes 2,356 Bitcoin and 22,420 Ethereum. Additionally, NXC has sold its stake in the overseas cryptocurrency exchange Bitstamp, removing it from its subsidiary structure, and decided in February to divest its entire stake in the Korean exchange Korbit.
Nexon Parent NXC Restructures, Reduces Crypto Holdings
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