MEXC Ventures has made a strategic investment in Triv, one of Indonesia’s oldest and most recognized cryptocurrency exchanges. The investment was announced as part of MEXC’s broader expansion into Southeast Asia, with sources close to the deal indicating that Triv is now valued at approximately $200 million.
Triv’s Position in Indonesia’s Growing Crypto Landscape
Founded in 2015, Triv has built a substantial user base throughout Indonesia. The platform offers access to a wide range of cryptocurrency assets including Bitcoin (BTC), Ethereum (ETH), USDT trading pairs, and various memecoins. Additionally, the exchange provides Indonesian investors with access to US stock market products, creating broader diversification opportunities that have contributed to the platform’s steady growth over recent years.
Dengan bangga kami umumkan bahwa TRIV group resmi menerima investasi strategis dari MEXC Ventures dengan valuasi USD 200 juta atau setara Rp3,2 Triliun.
Terima kasih untuk kepercayaan para TRIVERS sejak 2015 💙 pic.twitter.com/plLjL8qzIZ
— Gabriel Rey (@GabRey99) August 5, 2025
Company representatives indicate that this partnership will enhance Triv’s trading services while potentially introducing new financial products for both existing and prospective users. MEXC Ventures views this investment as a way to strengthen Triv’s liquidity, expand its product offerings, and improve overall infrastructure capabilities.
Indonesia’s Rapidly Expanding Crypto Market
Industry analysts have noted the remarkable growth rate of Indonesia’s cryptocurrency market. During 2023, local crypto transaction volumes reached 650 trillion rupiah, roughly equivalent to $40 billion USD. Licensed exchanges in Indonesia now serve more than 20 million users, surpassing the country’s traditional stock market participation levels.
Recent regulatory changes have also influenced the sector’s development. While VAT on cryptocurrency purchases has been eliminated, authorities have implemented a 2.2% VAT on crypto mining activities. Trading fees on local exchanges have also been adjusted, with a new 0.21% charge on sales replacing the previous 0.1% rate.
Triv operates under the oversight of Indonesia’s Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Authority (BAPPEBTI). The platform maintains that it adheres to all regulatory requirements for operating a digital asset exchange within Indonesia’s jurisdiction.
Investment analysts suggest this strategic partnership could influence the future direction of cryptocurrency finance across Southeast Asia. Institutional interest in the Indonesian market has been growing, with other firms making similar moves. OSL Group acquired local exchange operator Evergreen Crest Holdings in June for $15 million, demonstrating continued investor confidence in the region.
While the specific financial terms of the MEXC-Triv agreement remain undisclosed, the deal is widely viewed as beneficial for both parties. The investment reflects growing confidence in Indonesia’s crypto ecosystem and reinforces Southeast Asia’s emergence as a significant cryptocurrency hub.
This funding is expected to support Triv’s continued expansion while helping the platform maintain competitiveness in the rapidly evolving market landscape. Industry experts anticipate that other global crypto firms may pursue similar opportunities as interest in Southeast Asian markets continues to accelerate.
Market Sentiment Assessment
The investment appears to reflect steady institutional confidence in Southeast Asian crypto markets without creating significant market volatility. This development reinforces existing growth trends in the region rather than introducing dramatic shifts in market dynamics.
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