🚫 Tencent Not Buying Nexon, Says Insider – Rumors Shut Down Amid $15B Buzz
The gaming world’s been buzzing — but it looks like the rumor mill got ahead of itself.
Reports claiming Chinese tech titan Tencent was gearing up to acquire South Korean game developer Nexon at a $15 billion valuation have now been firmly denied.
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🎙️ Insider Speaks Out
According to a source close to the matter, Tencent has made no contact with the family of Nexon’s late founder Kim Jung-ju, nor has the company conducted any internal evaluation of a potential deal.
So, no meetings. No negotiations. No M&A plans in motion.
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📰 The Rumor That Sparked It All
Media outlets had recently reported that Shenzhen-based Tencent was interested in buying Nexon — allegedly to strengthen its already dominant grip on the global gaming market.
The speculation even included reports of Tencent reaching out to Nexon’s founding family for early-stage discussions.
But now? That narrative’s officially debunked.
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🎮 Why Nexon’s Even in the Spotlight
Founded in 1994, Nexon has become a powerhouse in online gaming — best known for classics like MapleStory.
But what really turned heads recently was Nexon’s move into Web3:
In March, Nexon announced the “MapleStory Universe” — a Web3-powered expansion of the iconic franchise, built on the Avalanche network.
The game’s native token, NXPC, launched mid-May and is now trading on major exchanges including Binance, Bybit, Bitget, Upbit, and Bithumb.
This Web3 push had some speculating that Tencent was eyeing Nexon not just for legacy titles — but for its crypto-native future.
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⚠️ Bottom Line
As of now:
No deal. No acquisition. Just hype.
Tencent remains silent on any future plans involving Nexon, but insiders have made one thing clear — the buyout buzz is off the table.
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#CryptoNews #BinanceListings #M&AWatch
