Abu Dhabi’s MGX is making a record $2 billion bet on Binance: here’s why
Thursday, 13 March 2025 ()
Abu Dhabi’s state-owned investment firm MGX has made a landmark $2 billion investment in Binance, marking the cryptocurrency exchange’s first institutional funding and the largest-ever investment in crypto paid entirely in digital assets. In a joint statement, MGX and Binance confirmed that the minority stake would be paid in stablecoins, a class of cryptocurrencies designed […]
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