MEXC Ventures Unveils a $300 Million Ecosystem Development Fund

MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain

Crypto exchange MEXC has announced the launch of a $300 million Ecosystem Development Fund to accelerate blockchain innovation and ecosystem growth over the next five years.

The initiative was announced at Token2049 in Dubai on April 30, coinciding with MEXC’s 7th anniversary celebrations. The move marks a strategic pivot in positioning the exchange not as a user-focused trading platform, but as a foundational element in the long-term growth of blockchain infrastructure.

The fund will see MEXC investing in early-stage technologies, public chains, wallets, and other decentralized tools that are driving the future of Web3, aiming to foster long-term value creation across the entire crypto landscape.

“We see this commitment as an opportunity to position MEXC well above its perceived place in the industry as an exchange service. We can and intend to offer much more through this investment, driving businesses and users to our ecosystem with a value offering built on best practices. Our ultimate vision is to transition from a trading venue to an ecosystem platform that will cater to all the needs of crypto industry participants in unique, innovative, and attractive ways,” said Tracy Jin, COO of MEXC exchange.

The Ecosystem Development Fund will also see the establishment of an investment and cooperation linkage model that will connect the different businesses with the broader MEXC ecosystem to drive value.

The trusted basis of MEXC as a leader in innovation will be used to expand and enhance the overall trading experience for users by offering support beyond capital. Cooperation between exchange business and investments will focus on the development of public chains, stablecoins, wallets, and media platforms as part of the MEXC ecosystem.

Projects interested in joining the new initiative will be able to apply via a dedicated website with comprehensive selection criteria.

The new development will allow projects to attract investments and attain visibility, thus advancing their integration across industry services. This will, in turn, give users access to new services, upping their overall experience and building trust.

Greater integration and cooperation between businesses, projects and users will ultimately positively impact the industry as a whole, advancing innovation and promoting adoption across different markets and regions.

Existing initiatives within the MEXC ecosystem include Ethena, a leading innovator in the stablecoin space. MEXC has made a strategic investment of $16 million in Ethena and has also purchased $20 million worth of USDe, Ethena’s synthetic dollar.

In collaboration with Ethena, MEXC launched several joint campaigns that have gained significant attention and drove strong user engagement. ENA, Ethena’s native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe.