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MEXC Ventures, the investment arm of global cryptocurrency exchange MEXC, has announced a strategic investment in Triv, one of Indonesia’s most prominent and well-established cryptocurrency exchanges. This significant move comes with a valuation of US$200 million for Triv, solidifying its position as the leading crypto exchange in Southeast Asia.
MEXC Ventures is committed to supporting innovative ideas and active builders in the crypto space, aligning with their mission to “empower growth through synergy”. With this investment, MEXC ventures aims to accelerate expansion in Southeast Asia, which has seen a significant rise in cryptocurrency adoption.
Source: usethebitcoin.com
