MEXC Ventures, the investment arm of global cryptocurrency exchange MEXC, has launched a $200 million investment in Indonesia’s leading cryptocurrency exchange, Triv, to accelerate crypto adoption in Southeast Asia. The exchange confirmed the development in a blog post on Tuesday.
Since its establishment in 2015, Triv has maintained a solid reputation in Southeast Asia. The exchange is widely known for its comprehensive compliance with regulatory standards, innovation, and strong user trust. As such, the investment in the firm goes hand in hand with MEXC’s global strategy to support and develop innovative projects in the blockchain and cryptocurrency sectors. It also aligns with MEXC’s vision of capitalizing on Southeast Asia’s rapidly growing digital asset market.
The Indonesia leading exchange distinguishes itself not only as a market leader, but also as a reliable licensed entity, and a fully regulated platform. Triv is authorized to operate crypto spot, staking, and futures services fully supervised by both the Financial Services Authority (OJK) and Indonesia’s Commodity Futures Trading Regulatory Agency (BAPPEBTI).
MEXC investment director reacts to the development
The investment director of MEXC Ventures, Leo Zhao has reacted to the development. He stated that as part of the Ventures’ strategic focus on Southeast Asia, MEXC is excited to support Triv in its next phase of development. Zhao described Indonesia as a vibrant and increasingly promising market for digital assets within the region. He added that by combining Triv’s strong reputation for compliance, security, and user trust with that of MEXC, he looks forward to supporting Triv in serving Indonesian users even better and accelerating the adoption of digital assets across the country.
Gabriel Rey, the Founder and Chief Executive Officer of Triv, also shared his thoughts on the recent investment from MEXC. He highlighted the importance of the partnership, adding it will help the exchange expand its coin offerings, enhance liquidity, and introduce more innovative products for both new and existing customers. Rey added that it will also help strengthen his firm’s commitment to keeping CryptoWave Media (part of Triv Group) as the no.1 crypto media platform in Indonesia.
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