MEXC Ventures Invests in Triv at $200M Valuation to Fuel Southeast Asia Crypto Expansion

MEXC Ventures, the investment division of global cryptocurrency exchange MEXC, has led a strategic equity investment in Triv, one of Indonesia’s most regulated and trusted crypto exchanges, at a $200 million valuation [2]. The investment is intended to accelerate Triv’s expansion and strengthen its position in the rapidly growing Southeast Asian digital asset market [1].

Founded in 2015, Triv has established itself as a leader in Indonesia’s crypto industry by serving over 3 million registered users and offering trading access to more than 1,000 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), as well as U.S. stock products [2]. The platform is fully licensed by the Indonesian Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (BAPPEBTI), which underscores its commitment to regulatory compliance and user trust [2].

Gabriel Rey, CEO and Founder of Triv, noted that the partnership with MEXC will provide the necessary capital to expand the platform’s product offerings, improve liquidity, and enhance user experience [2]. Rey also mentioned that the investment will support the development of CryptoWave Media, Triv’s in-house media unit, aiming to position it as a top crypto content provider in Indonesia [2].

Leo Zhao, Investment Director at MEXC Ventures, emphasized Indonesia’s significance as a strategic market for digital assets, citing its dynamic growth and increasing crypto adoption [2]. He added that Triv’s regulatory foundation and established user base make it a strong partner for MEXC’s Southeast Asia expansion [2]. The partnership aligns with MEXC’s broader strategy to support innovation in the blockchain industry and enter high-growth markets [1].

This investment is part of a broader trend where global crypto firms are showing increased interest in Southeast Asia’s digital asset markets, which are seeing rapid adoption driven by rising internet access and mobile usage [2]. As one of the most established exchanges in the region, Triv’s alignment with MEXC is expected to further solidify its leadership position and support the development of a more robust crypto infrastructure [2].

MEXC Ventures, a comprehensive fund under MEXC, has previously backed projects such as TON and Aptos, and its focus includes strategic investments in blockchain ecosystems, M&A, and incubation [2]. The fund aims to foster innovation and long-term value in the crypto industry by supporting projects with strong growth potential [2]. The $200 million valuation of Triv reflects growing confidence in Southeast Asia’s crypto market and the increasing role of venture-backed platforms in transforming traditional financial systems [2].

Source:

[1] MEXC Backs Triv in $200M Bet on Indonesia's Crypto Boom (https://tgstat.com/channel/@ProfessorCryptoClassHQ/3706)

[2] MEXC Ventures Backs Triv in $200M Bet on Southeast Asia’s Crypto Boom (https://blockonomi.com/mexc-ventures-backs-triv-in-200m-bet-on-southeast-asias-crypto-boom/)