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MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

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MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event
Business

Business

MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

2025-05-01 18:00 Last Updated At:18:15

VICTORIA, Seychelles, May 1, 2025 /PRNewswire/ -- MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC's 7th anniversary and reaffirming the company's evolution from a trading platform to a full-scale Web3 ecosystem builder.

The new fund marks a strategic pivot in MEXC's positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3.

"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," as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement.

The Ecosystem Development Fund foresees 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. Comprehensive selection criteria will be announced for projects interested in joining the new initiative.

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 traction in recent weeks, driving strong user engagement. ENA, Ethena's native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms.

MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative.

About MEXC Ventures

MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of "Empowering Growth Through Synergy," MEXC Ventures is committed to supporting innovative ideas and active builders.

MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website

VICTORIA, Seychelles, May 1, 2025 /PRNewswire/ -- MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC's 7th anniversary and reaffirming the company's evolution from a trading platform to a full-scale Web3 ecosystem builder.

The new fund marks a strategic pivot in MEXC's positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3.

"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," as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement.

The Ecosystem Development Fund foresees 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. Comprehensive selection criteria will be announced for projects interested in joining the new initiative.

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 traction in recent weeks, driving strong user engagement. ENA, Ethena's native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms.

MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative.

About MEXC Ventures

MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of "Empowering Growth Through Synergy," MEXC Ventures is committed to supporting innovative ideas and active builders.

MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond

Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond

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