Latest news with #MEXCVentures
Cision Canada
27-05-2025
- Business
- Cision Canada
MEXC Ventures at the Forefront of Korea's Blockchain-AI University Innovation Showcase
SEOUL, South Korea , May 27, 2025 /CNW/ -- MEXC Ventures proudly served as a key sponsor of the 2025 Korea University Blockchain Startup Ideathon, held on May 16 at Korea University's Hana Square. Co-located with the National Center of Excellence in SW AI Startup Ideathon, organized under the National Program of Excellence in Software Universities, which includes 48 universities such as Korea University, Hanshin University, KAIST and Yonsei University, the event showcased emerging ideas in blockchain and artificial intelligence from students and early-stage entrepreneurs across Korea. Hosted by Korea University's College of Informatics and jointly organized with the KU Blockchain Research Institute and TokenPost, the blockchain track received 27 team submissions, from which 10 teams were selected through a competitive preliminary review to advance to the final round. Similarly, the AI track saw 36 entries, with 10 finalists selected. Across both tracks, 208 participants registered for the competition. On the day of the final presentations, over 600 attendees—including students, faculty, industry professionals, and investors—gathered to experience the culmination of this large-scale university-driven ideathon. MEXC Ventures served as a premier sponsor of the blockchain track, alongside the Korea Internet & Security Agency (KISA), LG CNS, and Tether. The AI track, organized under the same program, was supported by Koscom and Toss, contributing to a diverse and collaborative innovation ecosystem across both domains. As part of its sponsorship, MEXC Ventures presented the "MEXC Ventures Award" to the team AlchemyLab in recognition of their creativity and potential in decentralized applications. The blockchain track featured several distinguished awards, including the President of KISA Award (Pondmakers), Dean of Korea University College of Informatics Award (ArcSync), and the KU Blockchain Research Institute Award (IPSHOP). Other industry-sponsored recognitions included the Tether Award (Nestyle), along with special prizes for innovation (Q-medicine), convergence (TokenSquare), and creativity (EyeOfTime). Tracy Jin, COO of MEXC Ventures, joined the event as a keynote speaker, delivering a session titled "Catching the Next Wave: How Blockchain and AI Are Shaping Startup Innovation." In her remarks, Jin emphasized: "Today's students aren't just learning — they're building. This new generation is deeply connected to what comes next in technology. Events like this show how universities can be the launchpads for real change, and we're proud to stand alongside Korea University in supporting this movement." The judging panel for the blockchain track included Seolbin Choi, representing MEXC Ventures, alongside respected figures from Koscom, LG CNS, Kim & Chang, and Toss. This event marks MEXC Ventures' first official university-backed blockchain engagement in Korea. The company reaffirmed its commitment to further supporting Korea's blockchain talent pipeline and strengthening bridges between academia and the Web3 ecosystem. In parallel with the ideathon, MEXC Ventures also organized AI x Web3 Connect at the Hana Square Exhibition Hall on the same day. Co-organized with the KU Blockchain Research Institute, the exhibition brought together major players in the AI and blockchain ecosystem for a day of hands-on demos, startup showcases, and industry networking. Projects and companies such as Tether, OKX Wallet, and Avalanche participated in the exhibition, further enriching the event's technical depth and global relevance. About MEXC Ventures MEXC Ventures is dedicated to accelerating blockchain and web3 innovation through investment, project incubation, and strategic partnerships. With the philosophy of "Empowering Partners and Growing Together," MEXC Ventures provides founders with capital, resources, and global network access to help scale their ideas into impactful businesses. Visit MEXC Ventures.
Cision Canada
02-05-2025
- Business
- Cision Canada
From Exchange to Ecosystem Builder: MEXC Celebrates 7th Anniversary at TOKEN2049 Dubai with $300M Ecosystem Development Fund Launch
VICTORIA, Seychelles, May 2, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange serving over 36 million users, concluded its successful participation as a Title Sponsor at Token2049 Dubai, where the company celebrated its milestone 7th anniversary and announced a groundbreaking $300 million ecosystem development fund. 7 Years of Excellence: A Foundation for Ecosystem Expansion The premier crypto event, which took place from April 30 to May 1, 2025 in Dubai, provided MEXC with the perfect platform to commemorate seven years of growth and innovation in the cryptocurrency space. During the celebratory "Celebra7e MEXC Cocktail Party", Tracy Jin, COO of MEXC, delivered an inspiring opening speech highlighting the exchange's remarkable journey. "Seven years may sound short, but in the fast-moving world of crypto, it's a lifetime," Jin told attendees. "To thrive in this ever-evolving space takes resilience, vision, and trust—and we've only made it this far because of you." Jin revealed impressive growth metrics: the MEXC team has nearly doubled to 2,000 employees across Growth, R&D, and Business Support divisions. The platform now offers more than 3,000 crypto assets and has built a community of over 2.25 million Twitter followers and approximately 193,000 Telegram members. "We've also hosted over 2,293 airdrop events, distributing over $136 million in rewards," Jin added. "This is our way of thanking you for your ongoing trust and loyalty." $300 Million MEXC Ecosystem Development Fund Unveiled The highlight of MEXC's Token2049 Dubai participation was the official announcement of its $300 million Ecosystem Development Fund, signaling the company's strategic evolution from an exchange service to a comprehensive ecosystem builder. The five-year fund represents MEXC's commitment to fostering blockchain innovation across multiple sectors. The fund will focus on strategic investments in public chains, stablecoins, wallets, and media platforms, providing not only financial backing but also leveraging MEXC's exchange business cooperation to deliver enhanced value to portfolio projects. This dual approach positions fund recipients to benefit from both capital investment and operational synergies within the MEXC ecosystem. "After seven years of market resilience, MEXC is uniquely positioned as a trusted ecosystem partner," said Tracy Jin. "This fund represents our vision for the future of decentralized finance and our commitment to supporting the next generation of blockchain innovations." Alongside the ecosystem fund, MEXC Ventures launched "IgniteX" – a $30 million, five-year CSR initiative to foster Web3 talent and innovation. The program will support early-stage startups, research, developer communities, and academic institutions, with focus on decentralized infrastructure, AI-blockchain integration, stablecoins, and fintech. IgniteX combines mentorship, education, and funding to build a future-ready ecosystem and prepare the next generation of Web3 users and leaders. Industry Insights Shared at Panel Discussion MEXC's presence at Token2049 Dubai extended beyond celebrations and announcements to include thought leadership. Tracy Jin participated in a panel discussion titled "What's Next for Crypto Markets: The Exchange Perspective" on the OKX main stage on 1 May. The discussion explored upcoming trends, challenges, and opportunities in the cryptocurrency exchange sector, with Jin offering insights drawn from MEXC's seven years of operational experience. During the panel, Jin emphasized MEXC's continued focus on product innovation and market expansion while maintaining its core commitment to being "Your Easiest Way to Crypto" for users worldwide. Successful Side Events Strengthen Community Connections MEXC hosted multiple successful side events throughout TOKEN2049 Dubai, including the "Celebra7e MEXC Cocktail Party," "Dao People x MEXC: VIP Party" at BIRDS, a "TR KOL Exclusive Yacht Party" aboard Xclusive Yachts, and participation in the "AFTER2049" event at Be Beach. These gatherings provided valuable networking opportunities for industry professionals, partners, and MEXC community members. At the company's exhibition booth, MEXC showcased its revolutionary DEX+ platform and displayed a collection of seven limited-edition anniversary merchandise items that proved popular with attendees. Throughout the conference, MEXC representatives conducted product demonstrations, engaged with visitors, and discussed potential partnerships. Behind the scenes, Jin noted that MEXC's service team has resolved more than 1 million user requests and recovered over $1.8 million in user assets—underscoring the company's commitment to security and user experience. Looking Ahead As Token2049 Dubai concluded, MEXC's successful participation not only celebrated its past achievements but also laid the groundwork for its future vision. The announcement of the $300 million Ecosystem Development Fund, combined with ongoing product innovations and market expansion efforts, positions MEXC for continued growth in its eighth year and beyond. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website | X | Telegram | How to Sign Up on MEXC
Time Business News
25-04-2025
- Business
- Time Business News
MEXC Ventures Launches IgniteX: A $30 Million Initiative to Foster Web3 Talent and Innovation
Victoria, Seychelles, April 21, 2025 — MEXC Ventures, has announced a $30 million allocation to support Web3 talent and accelerate innovation across the decentralized ecosystem. The investment initiative foresees a 5-year span and is part of the broader Corporate Social Responsibility effort by MEXC Ventures, 'IgniteX,' in line with its global strategy of fostering sustainable blockchains through support and empowerment of young talents. The purpose of the initiative undertaken by MEXC Ventures is to create a launchpad program that will serve as a hotbed for talent nurturing and idea development. MEXC will work closely with the institute on blockchain development, academic exchanges, and talent cultivation. MEXC Ventures encourages submissions from early-stage Web3 startups, research initiatives, developer communities, and academic institutions working on decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures aims to include mentorship, educational efforts, and funding as part of the program to create a future-ready blockchain ecosystem, thus ensuring a smooth transition for the next generation of users into Web3 and preparing a willing, enthusiastic, and well-trained pool of leaders to develop it further. The impact-driven campaign will entail a comprehensive and multi-pronged approach that includes several key elements. The foundation will be the $30 million pledge, which will serve to fund education, project support, and development initiatives. The second part of the campaign will focus on organizing hackathons and developer engagement programs in the form of global events to identify and support emerging talents. Education will form a major part of the campaign, with university scholarships and blockchain courses offered through partnerships with academic institutions. This step is crucial to making blockchain technologies and the underlying coding and programming languages more accessible to a greater number of potential developers and IT students. Mentorship programs will be launched in tandem to make sure talents have access to adequate training, event participation, and the experience of current Web3 leaders. Lastly, strategic sector support will be implemented to ensure that funding is provided to promising projects. Special focus will be placed on initiatives developing stablecoins, AI-based solutions, and blockchain infrastructure elements. As a CSR initiative, 'IgniteX' adheres to achieving strategic objectives, which are based on building a pipeline of high-potential Web3 startups with early MEXC involvement for future cultivation and capitalization. This will have a positive impact on brand recognition for MEXC and position it as a strategic and valuable contributor to the development of Web3 space. The campaign will also help foster cross-border collaboration among all participants of the blockchain sector and promote diversity and inclusion based on shared blockchain values. Through 'IgniteX', MEXC Ventures aims to create an impact on the global Web3 ecosystem by empowering potential future leaders and developers through education and responsible mentorship. About MEXC Ventures MEXC Ventures is a comprehensive fund 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 TIME BUSINESS NEWS
