MEXC Adds Another 1,000 BTC to Guardian Fund
MEXC has added another 1,000 BTC to its Guardian Fund, bringing the total Bitcoin allocation in the fund to 2,000 BTC. This follows a May commitment to expand the fund from $100 million to $500 million over two years. The Guardian Fund now includes both USDT and BTC reserves as part of MEXC's strategy for continuous user protection amid evolving security risks. The move reflects growing concerns about digital asset platform vulnerabilities, with recent attacks underscoring the need for ongoing investment in capital reserves and infrastructure. MEXC emphasizes that its approach to user protection is dynamic rather than static, aligning with changes in market conditions and risk landscapes. The fund's holdings are publicly traceable on-chain through disclosed wallet addresses. MEXC CEO Vugar Usi stated that security must evolve alongside the risks it faces. As part of this strategy, MEXC continues to strengthen its reserves while investing in transparency and long-term user protection infrastructure.
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