Tencent Holdings Ltd. Is reportedly in advanced talks to acquire Nexon Co. For approximately 15,000 million USD, with share prices surging by 10%. This represents Tencent’s second attempt to purchase Nexon since 2019.
Nexon has made significant investments in Web3 gaming through projects like MapleStory Universe, aligning with the growing popularity of blockchain games. The involvement of Tencent is expected to enhance these projects further.
Avalanche, a blockchain tailored for gaming, has seen a surge in on-chain activity due to Nexon’s games. MapleStory Universe especially contributed to over 1 million daily transactions, signaling a possible revival in Web3 gaming.
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