According to ChainCatcher news, as reported by Chosun Biz, sources indicate that NXC, the holding company of South Korean gaming giant Nexon and the largest shareholder of one of South Korea's top five cryptocurrency exchanges, Korbit, is seeking to sell its 48% stake. NXC acquired a 62% stake in Korbit for 93 billion won in 2017, and its share was diluted after SK Square, an investment company under the SK Group, joined as the second-largest shareholder in 2021. An official from NXC stated, "We cannot make a formal statement at this stage."The report indicates that Korbit's performance has gradually deteriorated over the six years since being acquired by NXC. A deficit is also expected in 2023. NXC stated at the beginning of its investment that it would not directly participate in Korbit's management, and industry insiders analyze that even if Korbit falls into difficulties, NXC has not provided significant support to the exchange.

ChainCatcher message, initiated by Transborder Logistics, announces the FinXCoin Project, which plans to leverage blockchain technology to provide Web3 solutions for supply chains and various industries.The FinXCoin team has designed a unique strategy to build Web3 solutions by collaborating with professionals and companies from various fields. This collaborative approach enables the team to identify specific pain points in each industry and tailor solutions to address these issues with high efficiency. (Source link)