- MEXC Ventures backs Indonesia’s Triv at a $200 million valuation.
- Triv plans to expand listings, improve liquidity, and grow its media wing.
- Investment comes as Indonesia enforces stricter crypto tax rules.
Indonesia‘s Triv, a long-established digital asset exchange, has secured a major investment from MEXC Ventures, valuing the platform at $200 million. This marks a pivotal shift for Triv, which had operated independently since its inception in 2015.
This move follows Indonesia’s recent overhaul of its crypto tax regime, which saw a doubling of domestic trading taxes and new VAT rules for miners.
MEXC Fuels Triv’s Ambition as Indonesia’s Crypto Scene Hits New Highs
Triv operates under the supervision of Indonesia’s Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (BAPPEBTI), making it one of the country’s most compliant and trusted platforms. This regulatory edge may give Triv an advantage over newer entrants and foreign exchanges that face higher tax burdens.
With MEXC Ventures now involved, Triv is poised to launch co-branded products and further diversify its offerings. The partnership could help it close the gap with Tokocrypto and Pintu, which have already drawn international backing. MEXC’s regional presence is expected to bring in more cross-border liquidity and tech expertise.
The investment also signals a broader trend: Indonesia is no longer just an emerging crypto market—it’s becoming a key regional hub. Government officials reported a 336% year-on-year increase in trading volumes in 2024, underlining the strong retail demand despite regulatory tightening.
Triv CEO Gabriel Rey emphasized that this partnership is not just about scaling the platform but shaping Indonesia’s digital asset narrative. By integrating trading, news, and education under one roof, Triv aims to build a holistic ecosystem for the nation’s growing crypto-savvy population.
Triv’s latest funding round marks more than just a capital infusion—it’s a strategic leap that aligns with Indonesia’s rising role in the global crypto economy.
“The future depends on what you do today.” – Mahatma Gandhi
