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Gurhan Kiziloz confirms he has $100b in sight for Nexus International

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$1.2b revenue mark is just the start: Gurhan Kiziloz confirms he has $100b in sight for Nexus International - 2

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Nexus International hits $1.2 billion revenue as billionaire Gurhan Kiziloz sets sights on $100 billon long-term growth.

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$1.2b revenue mark is just the start: Gurhan Kiziloz confirms he has $100b in sight for Nexus International - 2

Summary

  • Nexus International hits $1.2b revenue as founder Gurhan Kiziloz targets $100b without outside investors.
  • After five bankruptcies, Gurhan Kiziloz has built a $1.2b revenue empire while retaining full ownership.
  • Spartans.com’s casino-only strategy powers Nexus growth, avoiding dilution while competing with Stake and bet365.

Gurhan Kiziloz, the self-made billionaire behind Nexus International, is not one to celebrate mid-journey. His company just crossed $1.2 billion in annual revenue for 2025, triple its 2024 performance, and yet he’s already thinking ten steps ahead. “We’re not calling $1.2 billion a milestone,” Kiziloz said in a recent interview. “There’s much more scale to build. I’d call $100 billion a turning point. That’s where we’re going.”

For most founders, that kind of revenue would signal a peak. For Kiziloz, it barely registers as a checkpoint. The entrepreneur who once faced five bankruptcies is now the sole owner of a company that competes with billion-dollar operators, without raising a single dollar in venture capital. And he’s openly stating that $100 billion is the number that will define his long-term ambition.

The numbers are clear. In 2024, Nexus International reported $400 million in revenue. By the end of 2025, that number hit $1.2 billion. The 200% year-on-year increase marks the largest single-period growth in the company’s history and puts it firmly in the league of mid-sized global operators.

But what makes Nexus different isn’t just the scale, it’s the structure. The company has no external investors. Every dollar used for growth comes from retained earnings. Kiziloz has maintained full ownership of the parent company throughout this expansion, bypassing the equity dilution that usually follows hypergrowth.

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The biggest contributor to Nexus’s revenue explosion is Spartans.com, a casino-only gaming platform that goes head-to-head with names like Stake and bet365. Unlike most competitors, Spartans.com doesn’t combine casino and sportsbook offerings. It’s intentionally focused, designed to dominate the casino niche rather than spread thin across multiple verticals.

In 2025 alone, Spartans.com absorbed $200 million in platform reinvestment, every cent funded internally. This operational discipline has become a hallmark of the Nexus playbook: scale only when the existing product is cash-generative, and never dilute ownership to fuel expansion.

The remaining portfolio includes Megaposta, a licensed Latin American brand, and Lanistar, a platform tailored for Europe. While both contribute to the overall structure, Spartans remains the driving force behind the company’s financial ascent.

What makes Kiziloz’s model unique isn’t just that he avoided venture funding. It’s how he used that constraint as a structural advantage. Without external capital, there’s no boardroom politics, no investor timelines, and no incentive to inflate short-term metrics for the sake of fundraising optics. Decisions are made fast, costs are tightly controlled, and accountability rests entirely with Kiziloz and his internal team.

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The numbers reflect that clarity. The company reinvested $200 million in 2025 into tech, compliance, and platform architecture, without tapping into credit lines or private equity. That’s rare in a sector where expansion is almost always debt- or dilution-fueled.

It’s easy to misread Kiziloz’s $100 billion target as bravado. But for him, it’s about building a durable model that doesn’t depend on narrative cycles or temporary hype. The $1.2 billion revenue mark is a milestone, yes, but it’s not the story. The story is that he got there without giving up ownership, without artificial growth, and without compromising execution standards.

“I think the future of high-scale businesses will look more like this,” he said. “You don’t need to raise to grow. You need to build things that work and keep control while doing it.”

That approach stands in contrast to most of today’s unicorns, many of which are propped up by billions in funding with no clear path to profitability. Nexus has already crossed the profitability line. And it’s doing so with a product-first, capital-efficient mindset that remains rare, especially in online gaming.

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Nexus has not issued public guidance for 2026, nor has it broken down revenue by platform or geography.  Kiziloz’s philosophy is not to speculate forward but to let operational output speak for itself.

But if past performance is any indication, Nexus International is not slowing down. With Spartans.com driving volume, and Megaposta continuing to benefit from early market entry in Brazil, the company’s momentum is clear. And unlike its competitors, Nexus doesn’t have to wait for board approvals or capital calls to deploy that momentum.

The result is a structure that moves faster, adapts more precisely, and scales without compromise.

Gurhan Kiziloz’s story isn’t clean or conventional. He went bankrupt five times before finding the formula that stuck. That formula was simple: eliminate what doesn’t work, double down on what does, and keep ownership at all costs.

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Today, with a $1.7 billion personal net worth and a business generating $1.2 billion annually, the math proves that approach works. But for Kiziloz, it’s still early.

Because the goal was never just survival. The goal, as he says, is to reach the turning point. And that number is $100 billion.

This article was prepared in collaboration with BlockDAG. It does not constitute investment advice.

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Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday

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Oil prices jumped more than 3% on Monday, pushing Brent crude above $116 a barrel. West Texas Intermediate (WTI), the US benchmark, climbed to roughly $102 per barrel.

The latest rise comes as the US-Israel war on Iran entered its fifth week with no signs of abating.

Oil Extends Its War-Fueled Rally 

Several escalatory developments over the weekend fueled the surge. President Donald Trump told the Financial Times he could possibly seize Kharg Island, the terminal that handles roughly 90% of Iran’s crude exports.

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The US president struck a mixed tone on diplomacy with Iran, saying he was “pretty sure” of making a deal with Iran but conceding that talks could still collapse.

Meanwhile, Iran’s parliament speaker warned that Tehran would “set them on fire” when American forces arrived and promised consequences for US-allied nations in the region. 

The oil price surge is far from over, according to market analysts, who warn that the prolonged closure of the Strait of Hormuz could drive crude even higher.

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“A scenario in which the Strait remains closed for an additional month would be consistent with oil prices rising towards $150/bbl and constraints on industrial consumers of energy supply,” Bruce Kasman, global head of economics at JPMorgan, said.

According to Bloomberg, US officials and Wall Street analysts have also begun discussing the possibility of crude reaching $200 per barrel.

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Asian Stocks Tumble, Crypto Feels the Pressure

The energy shock rippled across Asia. Google Finance data showed that Japan’s Nikkei 225 fell over 4.5%, while South Korea’s KOSPI dropped more than 4.3% as import-dependent economies repriced risk.

The volatility has spread to crypto markets, with asset prices dipping early in the morning before rebounding. 

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“The market briefly crashed just now — ETH dropped below $1,940 and BTC fell below $65,000,” Lookonchain reported.

Oil above $100 per barrel continues to pressure risk assets by fueling inflation expectations and delaying anticipated Federal Reserve rate cuts.

The post Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday appeared first on BeInCrypto.

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. 

The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.

“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”

A token buyback of this size could boost the price of the token, which has fallen roughly 96% from its all-time high. In November, a Lido DAO member pitched an automated buyback mechanism for LDO to improve the token’s price. However, that proposal hasn’t been implemented.

LDO’s change in price relative to ETH since 2024. Source: Lido DAO

Lido DAO pointed out that LDO is trading at a steep discount to Ether (ETH) at a ratio of 0.00016, roughly 63% below its two-year median.

This is despite the protocol holding the top spot of the Ethereum liquid staking market, with a 23.2% share of staked Ether, according to Dune Analytics data. The protocol’s dominance has even been flagged as a centralization risk to the network in previous years.

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Share of Ethereum network validators. Source: Dune Analytics

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation 

LDO is currently trading at $0.30, down 95.9% from its $7.30 high set in August 2021, according to CoinGecko data. LDO’s $255 million market cap makes it the 141st largest token by value at the time of writing.

“That dislocation is not justified by a proportional deterioration in protocol performance,” Lido DAO said. 

Lido DAO proposes buying stETH in batches

Lido DAO proposed buying up to 10,000 stETH in smaller batches of 1,000 to buy LDO. 

Lido DAO said it would use limit orders or adopt a dollar-cost averaging strategy to avoid market volatility. 

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