MEXC Commits to 1,000 BTC Purchase as Guardian Fund Targets $500M Expansion
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MEXC Commits to 1,000 BTC Purchase as Guardian Fund Targets $500M Expansion
"Crypto exchange MEXC plans to increase its Guardian Fund to $500 million over the next two years while adding 1,000 bitcoin to its reserves. The move is aimed at strengthening user protection and reinforcing confidence amid continued market expansion."
"The exchange said the initiative will be rolled out over the next two years and is designed to create a dual-reserve structure combining liquid stablecoin holdings with long-term BTC reserves. The framework is intended to bolster platform stability and improve resilience during periods of market stress."
"Under the revised structure, the Guardian Fund will continue to hold significant USDT reserves to ensure immediate liquidity and operational flexibility. The addition of bitcoin is intended to provide a longer-term store of value capable of preserving purchasing power across market cycles."
"MEXC will add on-chain BTC and USDT proof-of-reserves to boost transparency and trust. MEXC said the strategy is part of a disciplined reserve management approach rather than a reaction to short-term volatility."
MEXC plans to increase its Guardian Fund to $500 million over the next two years and add 1,000 bitcoin to its reserves. The initiative aims to strengthen user protection and reinforce confidence as the exchange continues to grow. The plan creates a dual-reserve structure combining liquid stablecoin holdings with long-term BTC reserves. The Guardian Fund will continue to hold significant USDT reserves to provide immediate liquidity and operational flexibility. Adding bitcoin is intended to serve as a longer-term store of value that can help preserve purchasing power across market cycles. MEXC also plans to publish on-chain BTC and USDT proof-of-reserves to improve transparency and trust. Net inflows of about $271.6 million over the past month through May 11 reflect increased demand and trading activity.
Read at news.bitcoin.com
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