NXC Establishes Subsidiary 'Aquis' to Develop Trading Platform

[Asia Economy Reporter Buaeri] Nexon holding company NXC announced on the 30th that it has established a subsidiary, Aquise, to develop a trading platform.

Aquise plans to launch an asset trading platform targeting the millennial and Generation Z markets overseas next year.

Aquise intends to add the element of "convenience in asset management" to the trading experience as a new approach. Aquise stated, "Our goal is to build a trading platform that lowers the barriers to asset management by eliminating unfamiliar technical terms and the hassles that come with the trading process."

Kim Seong-min, CEO of Aquise, said, "I wanted to take on new challenges in the financial sector based on various technologies such as big data, machine learning, and distributed servers," adding, "I want to implement a service where anyone can trade easily and conveniently, moving beyond the typical candlesticks and charts seen in investment-related apps."

CEO Kim previously served as the head of the Intelligence Labs development office at Nexon Korea and has experience developing Office servers at Microsoft.

Meanwhile, NXC has made several investments to discover new technologies and services. Notably, it has invested in Impossible Foods and Beyond Meat, which develop plant-based food products, as well as the ride-sharing service Lyft, generating profits.

This content was produced with the assistance of AI translation services.