There are few stories in digital entertainment as deliberately plotted, and as closely watched, as that of Nexus International. Under the direction of its founder, Gurhan Kiziloz, the company has built itself not in the shadow of larger incumbents, but on its own terms: self-funded, structurally lean, and quietly expansive. Now, having crossed $546 million in revenue in the first half of 2025 and projected to breach $1 billion by year-end, Nexus is beginning to outline the next phase of its ascent. A public listing, tentatively targeted for March 2027, is no longer a matter of speculation. It is a timeline, contingent only on one metric: a $5 billion revenue run rate.
It is not common to hear a gaming or entertainment company speak of going public with this level of restraint. The sector, particularly in its crypto-adjacent corners, has long been marked by premature listings, investor hype cycles, and revenue projections built more on narrative than performance. Nexus, by contrast, is preparing to enter the public markets from a position of strength. The IPO is not being rushed to capture sentiment or valuations; rather, it is being timed to confirm scale, maturity, and operational readiness.
The decision to wait until the $5 billion mark is reached is as symbolic as it is strategic. For Kiziloz, who has steered the company without outside funding since its inception, going public is not about access to capital, it is about signalling arrival. Nexus is one of the very few gaming operators of its scale to remain entirely self-financed, building its product, infrastructure, and compliance architecture without recourse to venture rounds or strategic dilution. That posture has allowed it to grow on its own rhythm, without the quarterly pressures or exit agendas that typically shape private boardrooms.
Behind the scenes, discussions are already underway regarding the venue of the listing. Multiple major exchanges have shown interest, and while no final decision has been made, the criteria being weighed suggest a long-term orientation. Regulatory alignment, investor profile, and governance fit appear to be guiding the process, not the optics of where the buzz happens to be. If Nexus does list in 2027, it will likely do so in a jurisdiction whose regulatory environment complements its disciplined operating model rather than challenges it.
Part of what makes the Nexus story unusual is its clarity. From the beginning, Kiziloz has positioned the company not as a disruptor chasing headlines, but as a challenger executing at pace. Brands like Spartans.com and Megaposta were not bolted on to signal innovation; they were conceived, built, and scaled with purpose. Today, Spartans drives a significant share of the company’s topline momentum, capturing a crypto-native demographic that larger incumbents have struggled to reach. Megaposta, meanwhile, is embedded in the regulated Latin American sportsbook market, aligning Nexus with compliance-first jurisdictions while diversifying its regional footprint.
The roadmap to IPO is more than just a financial benchmark. It reflects a philosophical through-line that has defined the company since day one: to build patiently, to scale deliberately, and to surface only when the results are self-evident. There is no SPAC, no pre-revenue listing, no convertible debt shuffle. Nexus intends to go public in much the same way it has operated privately, by letting the numbers do the talking.
Should it succeed in listing with $5 billion in revenue, Nexus will become one of the few founder-led gaming companies to reach the public markets without institutional scaffolding. That alone would mark it out. But beyond the milestone itself is a broader implication: that it is still possible to build enduring, regulated, global-scale companies in this sector without sacrificing control, clarity, or conviction.
Listing From a Position of Strength
For now, Nexus remains privately held. But its path is no longer that of a quiet operator flying beneath the radar. With $1 billion in sight for 2025, and a longer trajectory calibrated toward $5 billion by 2027, the company is preparing to enter the public sphere not to validate itself, but to expand its next chapter. From founder-led to founder-listed, if Nexus does go public, it will be on terms few others in the industry have managed to preserve. And if history is any guide, Gurhan Kiziloz is unlikely to depart from the formula that has brought him this far: build first, speak later.
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