Binance Blog published an article announcing that Binance has reached a $2 billion investment agreement with MGX, an AI and frontier technology investment institution based in Abu Dhabi. This is the first time in Binance's history that institutional investment has been secured, and it marks MGX's first entry into the cryptocurrency industry. As part of a broader strategy, MGX has also acquired a minority stake in Binance. Binance CEO Richard Teng stated, "This investment from MGX is not only a significant milestone for Binance but also a key moment for the entire cryptocurrency industry. Binance will continue to work with global regulatory bodies to promote transparent, responsible, and forward-looking policy-making in the cryptocurrency sector. In addition, we are continuously increasing our investment in security and compliance to strengthen trust and stability in the cryptocurrency industry."