NXC Reports 147.6 Billion Won in Crypto Assets, Plans Korbit Exit

According to DigitalToday, NXC’s 2025 consolidated audit report showed its Bitcoin and Ethereum holdings and related crypto subsidiaries declined, reflecting a broader strategic shift toward European industrial solutions.

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Summary

DigitalToday reported on June 13 that NXC reduced both its cryptocurrency holdings and related subsidiaries, signaling a continued retreat from the sector. The company’s 2025 consolidated audit report showed its Bitcoin and Ethereum balances fell by more than 15% year over year. Earlier reported figures put NXC’s year-end crypto assets at 147.6 billion won, including 2,356 Bitcoin and 22,400 Ethereum, down 15.2% from 174 billion won a year earlier. The company has also been moving to exit exchange investments, including the sale of its Bitstamp stake and a February decision to dispose of its entire stake in South Korea-based Korbit, while shifting strategy toward European industrial solutions.

Terms & Concepts
  • Bitcoin: The largest cryptocurrency by market value, used as a digital asset and decentralized payment network.
  • Ethereum: A blockchain network that supports Ether and smart contracts, with ETH as its native cryptocurrency.
  • Crypto assets: Digital assets recorded on blockchain networks, including cryptocurrencies such as Bitcoin and Ethereum.