MEXC Ventures Invests $200M in Triv for SEA Crypto Growth
MEXC Ventures led a US$200 million strategic investment in Indonesia’s oldest fully licensed crypto exchange, Triv, valuing the platform at US$200 million. Established in 2015, Triv serves over 3 million users and offers more than 1,000 cryptocurrency assets, including BTC, ETH and USDT pairs, plus futures trading and staking products. The exchange holds dual regulatory approvals from Indonesia’s OJK and BAPPEBTI, reinforcing trust and transparency.
Through this partnership, MEXC Ventures aims to enhance Triv’s liquidity, expand its coin offerings and introduce innovative trading products for both new and experienced traders. Leo Zhao, Investment Director at MEXC Ventures, emphasised that backing a compliant market leader like Triv will accelerate crypto adoption in Indonesia and strengthen market confidence.
The funding aligns with MEXC Ventures’ long-term strategy to support regulated, high-growth projects and diversify geographically across Southeast Asia. By injecting capital into Triv, MEXC Ventures reinforces its commitment to compliant cryptocurrency trading and positions itself for further regional expansion.
Traders can anticipate improved trading depth and access to a broader range of tokens on Triv. This move is likely to intensify competition among regional exchanges and could have bullish implications for the Indonesian crypto market.
Bullish
This strategic $200M investment by MEXC Ventures in Triv is bullish for the crypto market. In the short term, it boosts liquidity and product offerings on a fully licensed Indonesian exchange, likely driving higher trading volumes and positive sentiment among traders. In the long term, backing a regulated market leader like Triv reinforces industry compliance and transparency, fosters wider crypto adoption in Southeast Asia and intensifies competition, which can strengthen market stability and growth prospects.