Nexus Mods announced a change in ownership with founder stepping back, without revealing much about the new owners at first.
New owners confirmed to be a company called Chosen, with co-founders Victor Folmann and Marinus Elgaard identified as the Victor and Marinus mentioned in the announcement.
Chosen aims to amplify impact of platforms by partnering with founders and ensuring long-term success without aggressive monetization or paid mods.
The new owners are involved in Nexus Mods operations, focusing on listening, learning, and making modding easier for the community.
Response from Chosen assured that they will not introduce NFTs or crypto into Nexus Mods despite LinkedIn activity referencing them.
Chosen was founded in 2025 and specializes in acquiring community-focused platforms like Nexus Mods to support their growth.
Chosen's approach allows founders to stay on board or opt for a straightforward exit while ensuring the platform's continuity and success.
Folmann's LinkedIn activity indicated interest in AI-powered modding and game development innovations, denying NFTs and crypto for Nexus Mods.
The announcement by Nexus Mods left the community to do detective work to uncover the new ownership, which some viewed as a questionable PR move.
Chosen and Nexus Mods have been contacted for comments on the ownership transition.