The largest investment in the history of crypto companies #掌握市场
>>> 1. Investment Overview
MGX, an AI and technology investment company in Abu Dhabi, announced a $2 billion investment in Binance.
This is the largest investment in a cryptocurrency company in history and was paid in stablecoins, a groundbreaking achievement for the crypto industry.
This is also the first time Binance has received institutional investment.
2. Purpose and Impact of the Investment
Through this investment, MGX gains a minority stake in Binance, demonstrating support for the integration of blockchain and AI development.
The goal is to promote the combination of AI, blockchain technology, and financial innovation to facilitate the development of digital assets.
3. Binance's Market Position
The largest cryptocurrency exchange globally, with trading volumes exceeding the sum of several major competitors.
It has 260 million users and a cumulative trading volume of over $100 trillion.
With 1,000 employees in the UAE and approximately 5,000 employees worldwide, demonstrating local influence.
Dedicated to compliance, security, and user protection, collaborating with global regulators to establish transparent policies.
4. Leadership Statements
MGX CEO Ahmed Yahia: This investment demonstrates MGX's commitment to the future of blockchain finance, emphasizing the growing demand for secure, compliant, and scalable blockchain infrastructure.
Binance CEO Richard Teng: This investment is a milestone for the crypto industry and Binance, working together to create an inclusive and sustainable digital financial ecosystem.
5. Overview of MGX and Binance
MGX: A technology investment company in the UAE, focusing on AI, semiconductors, infrastructure, software, life sciences, and other fields.
Binance: The largest blockchain ecosystem in the world, offering diverse products such as trading, finance, education, research, Web3, and institutional services, committed to promoting cryptocurrency freedom and financial inclusion. https://www.binance.com/en/blog/ecosystem/mgx-backs-binance-in-landmark-investment-6242106085221073480?hl=en