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CoinGape 2025-03-12 14:50:36

Binance Announces Historic $2 Billion Investment From Abu Dhabi’s MGX

In a massive development, Binance has announced a historic $2 billion investment from the Abu Dhabi-based investment firm. This marks the single largest investment in a crypto company, and the sum was also notably paid in crypto. Binance Announces $2 Billion Investment From MGX In a blog post , Binance announced that it has received a landmark $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. The top crypto exchange noted that this $2 billion investment is the largest investment into a crypto company. It is also the largest investment an investor has made in crypto, a stablecoin, to be precise. Meanwhile, this is also the first institutional investment in the crypto exchange, which currently holds the reputation as the largest exchange by market share. With this $2 billion investment, MGX has acquired a minority stake in the crypto exchange. Binance noted that this transaction marks a significant step in advancing digital asset adoption and reinforcing blockchain technology’s role in global finance. The post Binance Announces Historic $2 Billion Investment From Abu Dhabi’s MGX appeared first on CoinGape .

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