"Chinese Tencent, Nexon Acquisition Rumor Causes NexSpace (NXPC) Token to Surge 11%"
Summary
- BlockBeats reported that following rumors about Tencent potentially acquiring Nexon, the NexSpace (NXPC) token surged by 11%.
- Bloomberg revealed that Tencent has approached the family of the late Nexon founder Kim Jung-ju to explore the possibility of a share acquisition.
- It is reported that the actual completion or structure of the deal has not yet been determined.
As speculation arises over Tencent's potential acquisition of Nexon, 'NexSpace (NXPC)', a token reportedly linked to the deal, soared by 11%.
On the 12th, virtual asset (cryptocurrency) specialized media BlockBeats reported, "Immediately after news circulated of Tencent considering the acquisition of Nexon, the NXPC token briefly surged by more than 11%, reaching $1.33."
Earlier that day, Bloomberg reported that Tencent had approached the family of the late Nexon founder, Kim Jung-ju, to explore the possibility of purchasing shares in the domestic gaming company. However, it is reported that neither the actual success nor the structure of the deal has been finalized.
Meanwhile, NXPC is a virtual asset connected to Nexon's blockchain-based game, MapleStory N.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
