The crypto exchange transitions into a full-scale Web3 ecosystem builder with a bold investment move.
Global cryptocurrency exchange MEXC has announced a $300 million ecosystem development fund through its investment arm, MEXC Ventures. The initiative, revealed in an official blog post on Thursday, aims to accelerate blockchain innovation and ecosystem growth over the next five years.
The announcement was first made by MEXC COO Tracy Jin at the Token2049 event in Dubai, where she highlighted the exchange’s strategic shift from being a trading platform to a comprehensive Web3 ecosystem builder.
From Exchange to Ecosystem Leader
The launch of the fund signals MEXC’s transition from a user-focused trading exchange to a foundational player in blockchain infrastructure. According to Jin, the exchange seeks to support early-stage technologies, public blockchains, wallets, and other decentralized tools critical to the future of Web3.
This pivot is expected to elevate MEXC’s status in the crypto space, transforming it into a central hub for innovation and long-term value creation.
Building a Web3-Centric Future
Jin emphasized that MEXC’s ultimate vision is to become an ecosystem platform that caters to all aspects of the crypto industry. The fund will provide strategic backing to promising projects, ensuring they gain not only capital but also visibility and industry integration.
“By investing in next-gen technologies and platforms, we’re creating a sustainable foundation for the crypto space,” Jin said during her address.
Introducing an Investment-Cooperation Model
In addition to financial support, MEXC plans to roll out an investment and cooperation linkage model. This initiative will connect businesses within the MEXC ecosystem, promoting collaboration and collective growth.
The move is set to enhance the trading experience for users by introducing innovative services, fostering trust, and offering access to cutting-edge projects.