MEXC Adds 1,000 BTC to Guardian Fund as Reserves Reach 2,000 BTC

1 hour ago 2 sources positive

Key takeaways:

  • MEXC's gradual BTC accumulation toward $500M target signals long-term reserve strategy, not short-term pump.
  • On-chain verifiable BTC reserves may set structural transparency trend for rival exchanges.
  • Watch BTC reaction; accumulation hints bullish sentiment, but exchange counterparty risks persist.

MEXC announced on September 30, 2026 that it has added another 1,000 BTC to its Guardian Fund, bringing the reserve to 2,000 BTC and 100 million USDT. This marks the exchange's second major Bitcoin allocation this year and follows its May commitment to expand the fund from $100 million to $500 million over two years.

The first 1,000 BTC allocation in May established Bitcoin as a long-term reserve component alongside liquid USDT reserves. The latest transfer deepens MEXC's Bitcoin exposure as the platform continues working toward its $500 million target, while also investing in security technology, transparency, and risk-management infrastructure.

MEXC said the Guardian Fund's holdings are publicly traceable on-chain through disclosed wallet addresses, allowing users to independently verify the Bitcoin reserves. The exchange disclosed the first BTC allocation wallet and the second BTC allocation wallet as part of its transparency efforts.

In a statement, MEXC CEO Vugar Usi said: "Security and user protection is not a one-time investment. It is a continuous commitment. The risks facing digital asset platforms continue to evolve, and the resources behind user protection need to evolve with them."

The exchange, founded in 2018 and serving users across more than 170 markets, framed the allocation as part of a broader response to evolving security risks facing crypto platforms and users.

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