Nexon Ltd (NEXOY) USD Price

Nexon Ltd is a South Korean gaming giant known for developing and publishing online games. Founded in Seoul in the 1990s, Nexon specializes in producing PC and mobile games and is best known for titles like MapleStory, which has been a significant success with over 260 million players worldwide. The company is a pioneer in the massively multiplayer online role-playing game (MMORPG) genre and was among the first to adopt the free-to-play gaming model. Nexon relocated its headquarters to Japan and went public on the Tokyo Stock Exchange in 2011.

In recent years, Nexon has been actively exploring the integration of blockchain technology in gaming. It has partnered with Ava Labs to launch MapleStory on the Avalanche network, creating a Web3-enabled experience known as MapleStory Universe. Nexon has also collaborated with Polygon to develop the blockchain-powered component of its MapleStory Universe, allowing players to manage NFTs within the game. Additionally, Nexon has made investments in cryptocurrencies, purchasing Bitcoin as part of its strategy to protect shareholder value and maintain the purchasing power of its cash assets.