MEXC Ventures Invests in Triv at $200M Valuation to Expand Southeast Asia Crypto Footprint

MEXC Ventures, the venture capital arm of cryptocurrency exchange MEXC, has made a strategic investment in Triv, a leading licensed cryptocurrency exchange in Indonesia, valuing the platform at $200 million [1]. This move marks a significant expansion of MEXC’s footprint in Southeast Asia, a region experiencing robust crypto adoption and evolving regulatory frameworks. Triv, which was founded in 2015, serves over 3 million registered users and operates under the supervision of Indonesia’s Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (BAPPEBTI) [2].

The investment, structured as an all-equity deal, is aimed at enhancing Triv’s liquidity, expanding its token listings, and supporting the growth of its media arm, CryptoWave [3]. According to Triv CEO Gabriel Rey, the partnership will enable the exchange to improve its overall service offerings and strengthen its market position. The investment is also expected to bolster Triv’s ability to compete with regional players such as Binance-backed Tokocrypto, Pintu, and Indodax [4].

The timing of the deal aligns with recent regulatory changes in Indonesia, which came into effect on August 1. Under the new tax framework, domestic crypto transaction taxes have been increased to 0.21% from 0.1%, and sellers using foreign platforms now face a 1% tax—up from 0.2%. While VAT on crypto purchases has been eliminated, mining now incurs a 2.2% VAT, with a 0.1% income tax on miners scheduled to be phased out by 2026 [5].

MEXC’s investment in Triv is part of a broader trend of international crypto firms partnering with local exchanges to navigate the regulatory and market complexities of Southeast Asia. Analysts suggest that such strategic alliances are becoming increasingly common as global players seek to scale their regional operations while maintaining compliance with local laws [6].

Leo Zhao, investment director at MEXC Ventures, emphasized Indonesia’s potential as one of the most dynamic digital asset markets in the region. He highlighted Triv’s strong compliance and security record as key factors in MEXC’s decision to invest. The deal also reflects the growing importance of Southeast Asia in the global crypto landscape, with Indonesia’s crypto transaction volume reaching over 650 trillion rupiah ($40 billion) last year and its user base on local exchanges surpassing 20 million [7].

As the market matures, partnerships such as the one between MEXC and Triv may play a crucial role in accelerating the integration of digital assets into mainstream financial systems across the region [8].

Source:

[1] FinanceFeeds - https://financefeeds.com/mexc-ventures-backs-indonesian-exchange-triv-at-200m-valuation/

[2] AInvest - https://www.ainvest.com/news/mexc-invests-triv-part-southeast-asia-expansion-strategy-2508/

[3] Cryptonews - https://cryptonews.com/news/mexc-backs-indonesias-triv-at-200m-valuation/

[4] AInvest - https://www.ainvest.com/news/mexc-ventures-invests-200m-triv-fuel-southeast-asia-crypto-growth-2508/

[5] Blockonomi - https://blockonomi.com/mexc-ventures-backs-triv-in-200m-bet-on-southeast-asias-crypto-boom/

[6] The - https://www.cryptotimes.io/2025/08/05/mexc-ventures-invests-in-indonesian-crypto-exchange-triv-at-200m/