1/5/2025, 4:36:03 pm

MEXC launches $300M Web3 fund, commits to ‘strategic investment’

Crypto exchange MEXC has announced a $300 mn ecosystem development fund aimed at supporting Web3 projects over the next five years. The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools critical to shaping the future of crypto infrastructure, according to a press release shared with Cointelegraph.