MEXC Ventures, the investment arm of global crypto exchange MEXC, has announced a $300 million Ecosystem Development Fund during the Token2049 event in Dubai. Marking MEXC’s 7th anniversary, the fund aims to accelerate Web3 innovation over the next five years, shifting MEXC’s focus from a traditional exchange to a comprehensive blockchain ecosystem builder.
The fund will support early-stage technologies including public chains, wallets, stablecoins, and decentralized platforms. Tracy Jin, COO of MEXC, emphasized the company’s vision to become a full-service ecosystem that addresses the diverse needs of the crypto industry.
MEXC Ventures will implement a cooperation model connecting funded projects with its broader ecosystem. Initiatives will gain not only capital but also strategic visibility and support. Existing collaborations, such as MEXC’s $16 million investment in stablecoin innovator Ethena and $20 million USDe purchase, underscore the platform’s active role in shaping Web3 growth.
MEXC Ventures continues to support ecosystems like TON and Aptos, reaffirming its commitment to driving global blockchain adoption.
For more details, visit MEXC Ventures Website.
