MEXC Ventures accelerates SEA expansion by investing $200 M in Indonesia’s cryptocurrency exchange Triv
One of the most well-known and established cryptocurrency exchanges in Indonesia, Triv, is currently valued at $200 million. MEXC Ventures, the investment division of the international cryptocurrency exchange MEXC, has announced a strategic investment in Triv.
In a statement released on Tuesday, MEXC Ventures stated that this investment aligns with the company’s global strategy to support and develop innovative projects in the blockchain and cryptocurrency sectors as well as its goal of leveraging Southeast Asia’s (SEA) rapidly expanding digital asset market.
Since Southeast Asia’s adoption of cryptocurrencies is growing rapidly, MEXC anticipates a significant increase in its user base as a result of its investment in Triv.
“As part of MEXC Ventures’ strategic focus on Southeast Asia, we are excited to back Triv in its next phase of growth,” said Leo Zhao, Investment Director of MEXC Ventures.
He claims that Triv has a solid reputation for security, compliance, and user trust, and that Indonesia is one of the most vibrant and promising digital asset markets in the area.
“Through this partnership, we look forward to supporting Triv in serving Indonesian users even better and accelerating the adoption of digital assets across the country,
“We are committed to strategic investment, focusing not just on exciting ideas and talented developers, but on initiatives with clear long-term potential,” he added.
Triv is one of the biggest and most established cryptocurrency exchanges in Indonesia, having been founded in 2015.
In addition to providing more than 1,000 cryptocurrency assets, the company serves over 3 million registered users.
Fully supervised by the Financial Services Authority (OJK) and the Indonesia’s Commodity Futures Trading Regulatory Agency (BAPPEBTI), the company possesses a full suite of licenses that allow it to operate cryptocurrency spot, staking, and futures services.
Triv offers one of the most accessible and varied online marketplaces in the area.
Indonesian investors have found it easy to diversify their portfolios thanks to its strong infrastructure, which supports not only popular assets like Bitcoin and Ethereum but also USDT pairs, memecoins, and even access to U.S. stock market products.
Additionally, the company is fully licensed to trade, stake, and deal in cryptocurrency futures. Triv is now the most complete and fully licensed cryptocurrency exchange in the area.
“We are pleased to welcome the MEXC Group into the Triv Group. This partnership will enable us to expand our coin offerings, enhance liquidity, and introduce more innovative products for both new and existing users,
“It also strengthens our commitment to keeping CryptoWave Media (part of Triv Group) as the no.1 crypto media platform in Indonesia,” said Gabriel Rey, Chief Executive Officer and Founder of Triv.
