At Token2049 Dubai, global crypto exchange MEXC launched a $300 million ecosystem fund dedicated to accelerating Web3 innovation.
The initiative targets early-stage blockchain startups, public chain ecosystems, decentralized wallets, and foundational tools for the crypto economy.
The fund, set to be deployed over the next five years, aims to inject $50 to $60 million annually into promising projects aligned with MEXC’s strategic roadmap. The company will prioritize high-impact ventures with the potential to achieve “AAA” status within three to five years, according to chief operating officer Tracy Jin.
Focus on DeFi, Blockchain Networks, and Stablecoins
MEXC’s investment strategy emphasizes critical areas such as decentralized finance (DeFi), new blockchain protocols, and stablecoins — all seen as essential pillars for scaling global crypto adoption.
“We’re not just chasing trends,” Jin said during a fireside chat at the event. “We’re focused on technologies that can reshape how crypto operates at its core — particularly in areas like pricing stability and cross-market trading.”
Project Selection Criteria Coming Soon
MEXC plans to release its eligibility and selection guidelines for the fund in the near future. Jin added that while the exchange is prepared to accelerate funding for projects closely aligned with its business objectives, investments will generally follow a steady, multi-year pace.
With this fund, MEXC joins a growing list of major exchanges and financial institutions actively deploying capital into Web3 infrastructure to strengthen the foundation of the next internet era.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/mexc-unveils-300m-web3-development-fund-to-boost-crypto-infrastructure/