MEXC Announces $300 Million Ecosystem Fund at Dubai Event

MEXC, a prominent global cryptocurrency exchange with over 36 million users, marked its 7th anniversary at the Token2049 Dubai event, where it also announced a significant $300 million ecosystem development fund. The event, held from April 30 to May 1, 2025, served as a platform for MEXC to celebrate its growth and innovation in the cryptocurrency sector.

During the “Celebra7e MEXC Cocktail Party,” Tracy Jin, the COO of MEXC, delivered a keynote speech highlighting the exchange’s journey. Jin emphasized the importance of resilience, vision, and trust in navigating the fast-paced crypto world. She revealed that MEXC’s team has grown to nearly 2,000 employees across various divisions, and the platform now supports over 3,000 crypto assets. The community has expanded to over 2.25 million Twitter followers and approximately 193,000 Telegram members. Additionally, MEXC has hosted over 2,293 airdrop events, distributing over $136 million in rewards to its users.

The $300 million MEXC Ecosystem Development Fund, announced during the event, marks a strategic shift for the company from being an exchange service to a comprehensive ecosystem builder. This five-year fund aims to foster blockchain innovation across multiple sectors, with a focus on public chains, stablecoins, wallets, and media platforms. The fund will provide not only financial backing but also leverage MEXC’s exchange business cooperation to deliver enhanced value to portfolio projects, positioning recipients to benefit from both capital investment and operational synergies within the MEXC ecosystem.

“After seven years of market resilience, MEXC is uniquely positioned as a trusted ecosystem partner,” said Tracy Jin. “This fund represents our vision for the future of decentralized finance and our commitment to supporting the next generation of blockchain innovations.”

In addition to the ecosystem fund, MEXC Ventures launched “IgniteX,” a $30 million, five-year Corporate Social Responsibility (CSR) initiative aimed at fostering web3 talent and innovation. The program will support early-stage startups, research, developer communities, and academic institutions, with a focus on decentralized infrastructure, AI-blockchain integration, stablecoins, and fintech. IgniteX combines mentorship, education, and funding to build a future-ready ecosystem and prepare the next generation of web3 users and leaders.

MEXC’s presence at Token2049 Dubai also included thought leadership through a panel discussion titled “What’s Next for Crypto Markets: The Exchange Perspective.” Tracy Jin participated in this discussion, offering insights drawn from MEXC’s seven years of operational experience. She emphasized the company’s continued focus on product innovation and market expansion while maintaining its core commitment to being “Your Easiest Way to Crypto” for users worldwide.

Throughout the event, MEXC hosted multiple successful side events, including the “Celebra7e MEXC Cocktail Party,” “Dao People x MEXC: VIP Party” at BIRDS, a “TR KOL Exclusive Yacht Party” aboard Xclusive Yachts, and participation in the “AFTER2049” event at Be Beach. These gatherings provided valuable networking opportunities for industry professionals, partners, and MEXC community members. At the company’s exhibition booth, MEXC showcased its revolutionary DEX+ platform and displayed a collection of seven limited-edition anniversary merchandise items. MEXC representatives conducted product demonstrations, engaged with visitors, and discussed potential partnerships.

Behind the scenes, Jin noted that MEXC’s service team has resolved more than 1 million user requests and recovered over $1.8 million in user assets, underscoring the company’s commitment to security and user experience.