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Crypto
Nexon winds down crypto affiliates, speeds up portfolio reshuffle
Nexon Group moved faster to reshape its business structure as it wound down virtual asset-related affiliates and added a European industrial solutions company while its annual revenue topped 5 trillion won. NXC’s audit report showed 2025 revenue rose 3.8 percent to 5.18 trillion won, while operating profit fell 17.4 percent to 960.9 billion won. Net profit slid to 85.9 billion won, reflecting base effects from prior disposal gains.
Crypto
Brokerages eye digital asset exchanges in race to secure future growth
South Korea\'s major brokerages are showing interest in digital asset exchanges, with Korea Investment & Securities reviewing a possible stake purchase in Coinone after Mirae Asset moved to buy a controlling stake in Korbit. The moves come despite regulatory uncertainty, including debate over limits on major shareholders\' stakes. Industry watchers say ownership rules could spur governance reshuffles and open acquisition opportunities for financial firms.
Crypto
Shiba Inu logs 4.8 billion token net inflow to exchanges, yet price stays in decline
Shiba Inu (SHIB) recorded a net inflow of 4.8 billion tokens to centralized exchanges over the past 24 hours, but remained in a downtrend. The Crypto Basic reported, citing Arkham Intelligence data, that the inflow was worth about $27,000 and was concentrated around April 1. Revolut saw the largest inflow, while sizeable outflows from multiple venues were also recorded. Market participants are watching why balances rose without a price rebound.
