MEXC Ventures Invests $200M in Indonesian Crypto Exchange Triv
MEXC Ventures has made a significant equity investment in Triv, an Indonesian crypto exchange, valuing the company at $200 million. This strategic move signals MEXC's commitment to the Southeast Asian market.
Triv was chosen for its strong regulatory compliance, user base, and infrastructure. The investment will support Triv's expansion of services, liquidity, and infrastructure amidst Indonesia's evolving crypto regulations.
Founded in 2015, Triv serves over 3 million users and offers a wide range of digital assets and services. The partnership aims to enhance user experience and reflects MEXC Ventures' broader regional investment strategy.