MEXC Ventures dey back Triv to boost crypto growth for Southeast Asia
MEXC Ventures don get one kind stake we dem no talk the size for Indonesia Triv Exchange, we value the platform reach $200 million. This investment na important step for MEXC Ventures to expand their crypto business for Southeast Asia. Triv Exchange wey dem start for 2015 and regulated by Indonesia OJK and BAPPEBTI dey serve over 3 million users and get trading pairs like BTC, ETH and USDT plus memecoins and US stock products. The money go increase how easy e go buy and sell, expand product line and upgrade infrastructure, make dem fit bring new financial services through CryptoWave Media. Recent regulation changes like removal of VAT on crypto buying and changes to mining and trading fees help Indonesia crypto trading volume pass IDR 650 trillion (~$40 billion) for 2023. Analysts talk say this deal na good sign for Indonesia crypto market, e fit attract more global companies and make Southeast Asia beta as big crypto hub.
Bullish
MEXC Ventures investment inside Triv Exchange don strong di liquidity and di product dem wey dey for Indonesia crypto market wey dey grow fast, e dey give immediate trading chance for BTC, ETH and USDT pairs dem. For short run, dis move fit make volume rise as traders go fit use new services and markets under better infrastructure. For long run, regulatory support—like VAT wey dem comot for crypto buy—and better platform abilities go put Triv to grow steady steady, e go fit attract global players and make market stability strong well well. Overall, dis partnership na good sign wey fit raise market confidence and trading activities for Southeast Asia.