✅ By the way, Abu Dhabi-based MGX announced that it has made a $2 billion investment in Binance.

▪️ This is the largest investment made in a cryptocurrency company to date, as well as the largest amount paid in stablecoin. It also marked the first time Binance accepted a corporate investment.

• We are currently in a period where cryptocurrencies are being rapidly adopted in many areas, such as by large companies and banks. With over 260 million registered users and approximately $20 billion in daily trading volume, Binance continues to actively expand its presence in the Middle East. Binance CEO Richard Teng emphasized that this investment is an important milestone for Binance.

• Additionally, MGX has taken a strategic step to expand into the blockchain space by combining artificial intelligence with digital finance. In short, the UAE side continues to increase its role in the digital asset space.

• This investment is significant not only for Binance but also for all products, including #BinanceTR. Furthermore, I see this as a quite bullish development from a market perspective for future processes; let's see what the reflections will be 🤔