Source: NEXUS

NEXUS (CEO Jang Hyun-guk) announced its preliminary financial results for the first quarter of 2026 on the 7th. Based on consolidated K-IFRS financial statements, the company recorded approximately ₩11.6 billion in revenue, marking a 76% increase compared to the same period last year. Operating profit stood at approximately ₩132 million, while the net loss was recorded at approximately ₩3.04 billion.

The revenue growth was driven by the gaming business. 'Seal M on CROSS,' co-published with Playwith Korea, successfully entered the market following its global launch in March, surpassing 300k daily active users (DAU). NEXUS plans to continue rolling out its follow-up lineup throughout the year, starting with 'Chaos W,' followed by 'Project FF' and a triple-A MMORPG.

In the blockchain platform sector, the company focused on building infrastructure that integrates Web2 and Web3. It unveiled 'CROSS Hub 2,' which provides integrated functions, and 'CROSS Wave 2,' which expands the scope of streamer participation. Additionally, through a collaboration with Worldpay, the company expanded payment support for 'CROSS Shop' to 146 countries.

Achievements in AI Transformation (AX) were also notable. The AI agent battle platform 'MultiRoyal' is growing rapidly, with over 22 million agents created since its launch. NEXUS plans to further expand the utility of these agents through new projects such as 'AI World Wars.'

The company also actively strengthened global partnerships and participated in standardization discussions. Through its participation in GDC 2026, it signed partnerships with BGA and WolvesDAO, and joined the Agentic AI Foundation (AAIF) under the Linux Foundation to participate in establishing AI agent standards. Furthermore, it has built an agent economy infrastructure by adopting Coinbase's payment and on-chain identity standards.

On June 1, the company will implement the 'CROSS Mainnet 2' upgrade, which introduces a staking structure. This upgrade received 98% approval in a governance vote and is set to transition the network into a participation-centric model.

CEO Jang Hyun-guk assessed the Q1 performance as having yielded meaningful results across the three pillars of gaming, blockchain, and AI. Regarding the net loss, he explained that it was a temporary factor resulting from the purchase of Bitcoin and CROSS ($CROSS) under the Digital Asset Treasury (DAT) strategy, and expressed expectations for improved performance in the second quarter as the market recovers.