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Part of situation: MEXC asset reserves and user protection measures (2 clusters)

MEXC adds 1,000 BTC to Guardian Fund for user protection

MEXC Guardian Fund Bitcoin user protection digital asset trading

MEXC has added an additional 1,000 BTC to its Guardian Fund, marking the second major Bitcoin allocation to the fund this year. This move is part of a broader commitment made in May to expand the fund from $100 million to $500 million over a two-year period.

The Guardian Fund now consists of 100 million USDT and 2,000 BTC. The company stated that these reserves are intended to strengthen user protection in response to evolving security risks and changing market conditions within the digital asset industry.

To promote transparency, MEXC has made the fund's holdings publicly traceable on-chain via disclosed wallet addresses, allowing users to independently verify the reserves.

Entities

MEXC

Sources

MEXC adds another 1,000 BTC to Guardian Fund, strengthening user protection [dailyguardian.ca]
MEXC Adds Another 1,000 BTC to Guardian Fund, Strengthening User Protection [captainaltcoin.com]
MEXC Adds Another 1,000 BTC to Guardian Fund, Strengthening User Protection [hackernoon.com]