MEXC Invests $300 Million in Blockchain Ecosystem for Long-Term Growth

MEXC Ventures, the investment arm of global cryptocurrency exchange MEXC, has announced a $300 million Ecosystem Development Fund at Token2049. This investment aims to accelerate blockchain innovation and ecosystem growth over the next five years, marking a strategic shift from a traditional exchange platform to a full-scale Web3 infrastructure provider. The fund will support early-stage technologies, public chains, wallets, and other decentralized tools driving the future of Web3.