Why MEXC invested in SEI NETWORK?

MEXC - 20M$ investment in SEI

On January 4th, Singapore-based cryptocurrency exchange MEXC allocated $20M to support the development of the Sei Network project.

Since Sei is the first level of the blockchain, and is designed for NFT and cryptocurrency trading. Includes native order matching, anticipation protection, smart block propagation, and 600ms on-chain trade settlement.

Leo Zhao, Investment Manager at MEXC Ventures, commented:

“Has been the dominant method of market making in cryptocurrencies for the past 2 years. The lack of a more effective market making strategy is largely due to technological limitations such as slow speed and smart contract limitations. We believe that Sei’s tailored Tier 1 solution will be a game-changer for the industry.”

Every day new partners are connected to SEI and investments are growing every day and soon we will see them in the next SEED rounds.

P.S. - I can also say that the MEX exchange will be one of the first exchanges to list the $SEI token on its platform! And it will be followed by larger platforms such as: Binance, OKX, Bybit, etc.

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