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2w ago

MEXC Ventures Injects $200 Million into Indonesia’s Triv Exchange

The deal represents MEXC’s push into Indonesia’s expanding crypto market via Triv’s licensed platform, established user base, local media arm.

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Overview

  • MEXC Ventures has sealed a $200 million strategic investment in Triv at a $200 million valuation.
  • The funding, Triv’s first public institutional backing, gives MEXC a stake in one of Indonesia’s longest-running crypto exchanges.
  • Triv, founded in 2015, serves over three million users and operates under Indonesia’s OJK and BAPPEBTI licenses, offering spot, staking and futures trading.
  • The partnership aims to enhance liquidity, broaden the platform’s trading pairs and bolster Triv’s CryptoWave Media unit to drive local crypto adoption.
  • MEXC cited Indonesia’s fast-growing digital asset market and Triv’s reputation for compliance and security as key factors in the investment decision.