Nexpace, the Abu Dhabi-based blockchain firm behind MapleStory Universe (MSU), has announced a buyback program of up to $10 million worth of its native token, NXPC. The initiative aims to strengthen long-term token circulation and support sustainable ecosystem growth. Under the plan, open market purchases will be executed progressively over a three-month period across global exchanges, with an external partner managing the process to minimize market impact.
The decision follows strong user engagement data from MSU’s first year of live operations. Over 850,000 wallets interacted with the platform, with about two-thirds spending NXPC monthly. Ecosystem revenue reached 49.1 million NXPC, equivalent to $31 million. By Q1 2026, player spending had exceeded rewards distributed, and 8.32 million NXPC had been burned. CEO Sun Young Hwang stated, “This program reflects our ongoing commitment to supporting healthier long-term ecosystem dynamics as engagement continues to grow.”
Acquired NXPC will be held in the treasury for future ecosystem sustainability. The buyback underscores Nexpace’s effort to align token circulation with genuine user participation and reward active contributors.
