MEXC Ventures Backs Triv at $200M Valuation – Indonesia’s Top Crypto Exchange Eyes Dominance in Southeast Asia

MEXC Ventures just placed a big bet on Indonesia’s crypto future—pumping capital into Triv, the country’s leading exchange, at a $200 million valuation. The move signals a aggressive push into Southeast Asia’s booming digital asset market.

Why it matters: With regulatory winds shifting, deep-pocketed investors are scrambling to back regional champions. Triv’s local expertise paired with MEXC’s firepower could reshape the ASEAN crypto landscape.

The fine print: While the deal terms weren’t disclosed, industry insiders confirm the valuation puts Triv among Indonesia’s most valuable fintech startups—no small feat in a market where regulators flip-flop harder than a degens trading leverage positions.

What’s next: Expect heated competition as Triv deploys this war chest. Rival exchanges better tighten their KYC procedures—this isn’t just expansion, it’s a takeover play dressed as market development.