As of March 13, 2025, Binance, the world's largest cryptocurrency exchange, has secured a $2 billion investment from Abu Dhabi's MGX, an AI-focused investment fund. This marks the largest institutional investment in Binance, with the minority stake paid in stablecoins, though the specific type was not disclosed. MGX, chaired by Sheikh Tahnoon bin Zayed al-Nahyan, aims to integrate AI, blockchain technology, and finance. This investment aligns with Abu Dhabi's goal of becoming a global hub for digital assets and the crypto industry, as the country seeks economic diversification.

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