Nexpace Announces $10M NXPC Buyback Initiative

Nexpace Announces $10M NXPC Buyback Initiative

Abu Dhabi, UAE, May 22nd, 2026, Chainwire

Up to $10 million buyback program designed to strengthen long-term token circulation structure and support sustainable ecosystem operations.

Nexpace, the Abu Dhabi-based blockchain company behind MapleStory Universe (MSU), today announced the launch of an NXPC buyback program of up to $10 million

The initiative is intended to reinforce a token circulation structure centered around real users and participation, while supporting long-term ecosystem sustainability. NXPC is the native token of MSU, the blockchain-powered expansion of Nexon’s iconic MapleStory IP, powering user engagement, including contribution rewards and item unlocks.

Under the program, Nexpace will conduct open market purchases of up to $10 million worth of NXPC across global digital asset exchanges. To minimize potential market impact, open market purchases will be executed progressively over a three-month period through multiple tranches and delegated to an external execution partner.

The initiative was developed based on insights gathered during MSU’s first year of live operations. Over the past year, more than 850,000 wallets engaged with the platform, with approximately two-thirds spending NXPC on a monthly basis, contributing to 49.1 million NXPC in ecosystem revenue, equivalent to $31 million. By Q1 2026, player spending had outpaced rewards distributed, reflecting the depth of organic engagement across the ecosystem. 

Combined with the 8.32 million NXPC burned to date, the buyback program is designed to support healthy token circulation as MSU evolves into a broader IP-powered ecosystem driven by active onchain participation. It also reinforces the long-term ecosystem alignment of NXPC for users who actively participate in and contribute to the ecosystem.

Sun Young Hwang, Chief Executive Officer at Nexpace said, "As MapleStory Universe continues to evolve, our focus remains on building an ecosystem where participation and utility remain closely connected. This program reflects our ongoing commitment to supporting healthier long-term ecosystem dynamics as engagement continues to grow. Year one gave us confidence that we are on the right path, and we want to ensure long-term users, builders, and contributors are meaningfully rewarded for what they help build.”

NXPC acquired through the program will be retained within the treasury for future use in supporting long-term ecosystem sustainability. For more information, users can visit Nexpace's IR page.

About Nexpace

Nexpace, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, Nexpace creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members.

At the heart of Nexpace’s ecosystem are principles of transparency, security, and trust, empowering builders to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, Nexpace envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community. 

Disclaimers: This press release contains forward-looking statements regarding MapleStory Universe, MSU 2.0, and related plans. Nothing herein constitutes an offer, solicitation, or recommendation to buy or sell NXPC or any digital asset; availability may be restricted in certain jurisdictions. All metrics are based on internal data or third-party sources as indicated and measured under the definitions and periods specified.

Contact

PR Manager

Bee Shin

Wachsman

bee.shin@wachsman.com

 

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The NXPC buyback program is designed to strengthen the token’s circulation structure, support long-term ecosystem sustainability, and reinforce participation-driven growth within the MapleStory Universe ecosystem.
Nexpace plans to purchase up to $10 million worth of NXPC through open market buybacks executed in multiple tranches over a three-month period.
NXPC is the native token of MapleStory Universe, used for ecosystem participation, contribution rewards, item unlocks, and other user engagement activities within the blockchain-powered gaming ecosystem.
During its first year, MapleStory Universe recorded over 850,000 participating wallets, generated 49.1 million NXPC in ecosystem revenue, and saw player spending exceed reward distributions by Q1 2026.
The repurchased NXPC tokens will be retained in Nexpace’s treasury and used to support future ecosystem initiatives and long-term sustainability efforts.