During the Tokeen2049 match held in Dubai, Crypto Trade Mexc made a big announcement to make a $ 300 million web3 ecosystem building treasure initiation. The purpose of this fund is to support blockchain projects, public chains, wallets and decentralized tools in the next five years. It is considered a major step towards strengthening initiative web3 infrastructure.
Web3 will get new direction
Mexc’s Prominent Working Officer Tracy Jin said that this fund is not only for innovative ideas or talented developers, but also aims to invest in projects that have long-term potential. According to JIN, MexC will prioritize projects that can achieve AAA status in 3 to 5 years.
Every year this fund will spend around $ 50 to $ 60 million, although it can decrease according to the quality and business priority of the figure projects. If a project is corresponding to the strategic direction of MexC, then the speed of investment can be increased even further.
Focus Area: Defi, StableCoins and Blockchain
MEXC through this fund, especially blockchain networks, decentralized finance (Defi) Infrastructure and Stablecoins But will focus. JIN clarified in firecusside chat that stabilcoins are extremely important for crypto trading as they help maintain stability in the market.
In this direction, in February 2025, MexC made two important investments, first in UsDe, a Defi-Native Synthetic Dollar of Ethena Labs and second, direct investment in Ethena Labs of $ 16 million.
Invitation-only model will adopt Mexc
MexC has also made it clear that this fund will not run under any open application process. Instead, the Invitation-only model will be adopted. Jin said, “In 2025, only one form filling and getting funds no longer work. The projects will have to find a way to bring themselves to themselves, only then they will be able to attract the attention of MexC’s investment team.”
It is clear that MexC will now rely on projects that can prove themselves and present their mission effectively.
Significantly, this is not the first time MexC has taken any such step, before Mexc launched a new feature Mexc Convert Was. In this way, MexC is trying to change the cryptocurrency space with a new initiative.
Conclusion
This $ 300 million fund of Mexc can start a new era in the web3 world. This will not only back the emerging technology projects, but will also give direction to the future of Defi, Stabilcoins and Infrastructure. Also, the Invitation-Osli model shows that MexC is now fully prepared to adopt serious and strategic investment approach.
