The Indonesia-based licensed Crypto Exchange Triv receives strategic equity investments from MEXC Ventures, the investment arm of Global Crypto Platform MEXC.
The transaction reflects MEXC’s focus on Southeast Asia, as Indonesia’s crypto market enters a new phase of institutional participation and regulatory clarity.
Leo Zhao, investment director at MEXC Ventures, said Decryption The investment is “constructed as pure equity rather than tokens or conversion equipment” and is part of the group’s broader expansion strategy in Southeast Asia.
“Triv’s regulatory track record, user base and infrastructure made it a high conviction candidate,” he said, adding that the deal reflects MEXC’s push to support “local champions with strong compliance profiles” as institutional adoptions grow across the region.
MEXC Ventures refused to disclose the investment amount, citing its non-disclosure agreement with Triv.
The agreement came into effect as the month began following a major change in Indonesia’s crypto tax policy. Under new Ministry of Finance regulations, sellers of digital assets on domestic exchanges would pay 0.21% of their previous final income tax, twice as much as they had before, while those using overseas platforms face a 1% tax. Reuters Report.
However, buyers are no longer subject to VAT.
Tokocrypto, a local exchange, said in the aforementioned report that the change reflects an Indonesian change in classifying Crypto as a financial asset rather than a commodity, indicating a more formal regulatory stage in one of Southeast Asia’s fastest-growing crypto markets.
These measures are part of a broad transition in oversight from the commodity regulator Bappebti to the Financial Services Authority (OJK), indicating a more institutional stage of market development.
“Natural Fit” for expansion
Zhao said the decision in favor of Triv is attributed to its “proven market leadership” and alignment with local regulations, calling the Indonesian platform “a natural fit into a long-term strategic partnership.”
He noted that the timing reflects MEXC’s broader ambition to grow in a high potential and regulated market in Southeast Asia.
Founded in 2015, Triv is one of Indonesia’s longest-running digital asset platforms. The exchange is fully licensed to provide spot trading, staking and derivatives and has charged over 3 million registered users. It also operates Crypto Media Division and Cryptowave, supporting over 1,000 digital assets. Bitcoin, Ethereummeme coins, and synthetic US stock products.
Triv said the deal will help expand products, improve liquidity and strengthen infrastructure amid growing demand for compliance. It preserves operational independence. MEXC Ventures shows that more regional investments could continue.
The partnership will allow Triv to scale while maintaining his identity, Zhao said.
“For Triv users, our partnership with MEXC, coupled with the core values and independence that have gained trust over the past nine years, means strengthening our service and reliability,” he said. Decryption.
