MEXC Commits $300M to Web3, Prioritizes Elite Blockchain Projects Over Five Years

MEXC Commits $300M to Web3, Prioritizes Elite Blockchain Projects Over Five Years

Exchange to Invest $60M Annually in High-Potential Crypto Infrastructure

DUBAI — Crypto exchange MEXC has announced a $300 million fund dedicated to supporting strategic Web3 development over the next five years, in what the firm describes as a tightly focused, invitation-only initiative to back blockchain’s next AAA projects.

Unveiled on April 30 at Token2049 Dubai, the program will prioritize early-stage infrastructure, including public chains, wallets, DeFi protocols, and decentralized tools critical to long-term crypto adoption.

“We’re not just looking for good ideas—we’re backing projects with the potential to define the next era of crypto,” said Tracy Jin, Chief Operating Officer at MEXC.

A Selective Strategy, Not a Free-for-All

Unlike traditional open application models, MEXC’s investment fund will operate on an exclusive, invitation-only basis. The company insists that “form submissions and pitch decks alone won’t cut it in 2025.” Projects will need to actively demonstrate visibility and strategic alignment to secure capital.

“A project that can’t make itself known or get in front of our investment team is unlikely to earn our attention,” Jin said.

Over the next five years, MEXC plans to deploy $50–$60 million annually, subject to deal quality and strategic alignment. “We may accelerate investments if a project directly fits into our priorities,” Jin added.

Focus Areas: Stablecoins, DeFi, and Public Blockchains

During her fireside session at Token2049, Jin highlighted stablecoins as a top focus, citing their role in enabling predictable pricing and efficient trading in volatile markets. In February 2025, MEXC invested $20 million in Ethena Labs’ USDe, a synthetic DeFi dollar, and $16 million directly in Ethena, reinforcing its commitment to stable digital assets.

The fund is also targeting decentralized finance tools and blockchain infrastructure as key enablers for global Web3 growth.

MEXC Ranks Among Top Crypto Exchanges

Currently, MEXC ranks as the seventh-largest cryptocurrency exchange globally by spot trading volume, processing over $3.2 billion in daily trades, according to CoinMarketCap. The size and focus of this new fund signals MEXC’s ambition to shape the next wave of blockchain utility, rather than chase short-term hype.