MEXC Ventures, the investment arm of the cryptocurrency exchange MEXC, has announced a strategic investment in Triv, an Indonesian cryptocurrency exchange valued at $200 million.
MEXC Ventures' Investment in Triv
MEXC Ventures has made this investment as part of its global strategy to support innovative projects in blockchain and cryptocurrency, allowing it to expand its influence in the rapidly growing digital asset market in Southeast Asia.
Triv's Position in the Cryptocurrency Market
Founded in 2015, Triv has established itself as a reliable cryptocurrency exchange in Southeast Asia. With over 3 million registered users, it offers more than 1,000 crypto assets, including BTC, ETH, and USDT, enabling local investors to diversify their portfolios.
Goals and Future Plans
MEXC Ventures aims not only to partner with Triv but also to expand its geographical presence. Investments in Triv support these goals and future initiatives with long-term potential. Leo Zhao, Investment Director of MEXC Ventures, noted that this will enhance Triv's user service and accelerate digital asset adoption in Indonesia.
MEXC's investment in Triv highlights the growing momentum of the cryptocurrency market in Southeast Asia and the commitment of market participants to enhance their services for users.
