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Home Business

MEXC Ventures and Korea University Join Forces to Accelerate Web3 Innovation

29 April 2025
in Business, News
Reading Time: 2 mins read
106 3
MEXC Ventures and Korea University Join Forces to Accelerate Web3 Innovation

Source: PR Newswire

MEXC Ventures hasentered a strategic partnership with Korea University’s Blockchain Research Institute to accelerate Web3 innovation and drive blockchain development across academia, technology, and industry.

This collaboration, formalized through the signing of a Memorandum of Understanding (MOU), aims to combine the strengths of both organizations in joint research, startup support, educational initiatives, and policy-focused development.

The partnership is part of MEXC’s larger corporate social responsibility program, IgniteX, through which the company has committed $30 million over the next five years to nurture emerging blockchain talent and support innovative technologies. This initiative will see MEXC and Korea University co-host hackathons, offer blockchain scholarships, and launch developer engagement programs to advance blockchain solutions in various industries.

Additionally, the partnership will provide mentorship opportunities, foster smart contract research, and co-publish blockchain reports. One of this collaboration’s major highlights is the nationwide hackathon set for May 16, which will gather students from 58 universities alongside blockchain industry professionals to develop real-world solutions powered by blockchain technology.

Korea University’s Blockchain Research Institute, founded in 2018 and led by Professor Peter Hein, is renowned for its interdisciplinary approach to blockchain research, focusing on applications across sectors such as healthcare and logistics. The institute’s strong academic foundation spans Computer Science, Law, Business, and Engineering faculties, making it a key player in advancing blockchain innovation in South Korea and beyond.

Notably, MEXC has also upgraded its DEX+ platform, introducing a one-click wallet login feature to enhance the Web3 trading experience for users worldwide. This new update enables traders to register and log in using external wallets such as MetaMask, Phantom, Trust Wallet, and TronLink, eliminating the need for traditional email and phone verifications. Now, wallet addresses serve as unique account identifiers, offering users immediate access to centralized exchange (CEX) and decentralized exchange (DEX) services on a single platform.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: Korea UniversityMEXCWEB3
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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