On March 12, 2025, Abu Dhabi-based MGX announced a $2 billion investment in Binance, the world's largest cryptocurrency exchange. This marks the first institutional investment in Binance and the largest single investment into a crypto company, funded entirely through stablecoins. MGX's entry into the crypto sector aims to foster innovation at the intersection of AI, blockchain, and finance. Binance, with over 260 million registered users and surpassing $100 trillion in cumulative trading volume, sees this investment as a milestone for the crypto industry, reinforcing its commitment to compliance, security, and user protection.
MGX Invests $2 Billion in Binance, Marking Largest Crypto Investment
Edited by: Yuliya Shumai
Read more news on this topic:
Did you find an error or inaccuracy?
We will consider your comments as soon as possible.