MUTSAMUDU, Comoros, Aug. 28, 2026 (GLOBE NEWSWIRE) -- MEXC Ventures, Main Sponsor of Alpha Arena S03, announced the conclusion of the Alpha Arena Bali Final, held on August 21 during Coinfest Asia 2026. Arumando, representing Japan, won the championship, followed by Murasaki Trades from the Philippines and Coin6097 from South Korea, who placed second and third, respectively. MEXC CEO Vugar presented the awards to the three winners following the final.
The final brought together 20 traders in a live DEMO trading competition with a $100,000 prize pool. The event marked the conclusion of Alpha Arena's first APAC edition, taking the competition from regional online qualifications to an in-person final in Bali.
Outcome Uncertain Until the Final Seconds
The Bali Final featured group stages followed by a final elimination round in a live DEMO environment. Timed challenges, heartbeat monitoring, and randomized Mystery Cards introduced changing conditions throughout the competition. As the live leaderboard shifted, traders adjusted their strategies in real time.
Rankings shifted repeatedly during the final. In one of the clearest reversals, a trader who had held first place for much of the competition was overtaken in the final 30 seconds, keeping the outcome uncertain until the end.
Bali Final Reaches More Than 10,000 Viewers
More than 200 spectators filled Hall 1, while live commentary and a visible leaderboard made each stage of the DEMO competition easier to follow. Combined, the onsite audience and livestream reached more than 10,000 people.
Following the prize presentation, nearly 300 industry participants gathered at Coinfest's Sunset Deck for the Winner's Celebration Afterparty. The gathering brought competitors and the wider community together to celebrate the conclusion of the Bali Final and connect after the competition.
A New Stage for Trading Talent in APAC
Speaking at the close of the event, MEXC CEO Vugar congratulated the finalists. "To stand out among so many talented traders across 12 countries is no small achievement," he said. He added that MEXC Ventures supports Alpha Arena as part of its goal to discover talent, explore new ideas, and create more opportunities for participants to develop.
By supporting the Bali Final as Main Sponsor, MEXC Ventures aims to increase the visibility of regional trading talent and encourage wider community participation. Following previous editions in Amsterdam and Berlin, the Bali Final marked Alpha Arena's first step into APAC, giving traders a regional stage to demonstrate their capabilities before a live audience.
About MEXC Ventures
MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of "Empowering Growth Through Synergy", MEXC Ventures is committed to supporting innovative ideas and active builders in crypto. As an investor and supporter of TON and Aptos, MEXC Ventures looks forward to being at the forefront of TON and Aptos innovations and to actively partnering with builders to drive the ecosystem forward.
For more information, visit the MEXC Ventures Website.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7c1bbda3-25c8-43ae-a555-d0e93ed4c72c
CONTACT: For media inquiries, please contact MEXC PR team: media@mexc.com
