_Wendy
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Bullish
Binance Secures Historic $2 Billion Investment from MGX
Binance, the world’s largest cryptocurrency exchange, has finalized a $2 billion investment from MGX, a leading AI technology firm based in Abu Dhabi. This marks:
- The largest investment ever in a crypto company.
- The biggest transaction paid in stablecoin.
- Binance’s first institutional funding.
MGX makes its debut in blockchain, partnering with Binance to shape the future of digital finance, blending AI and DeFi. With 260 million users, over $100 trillion in trading volume, and 1,000 employees in the UAE, Binance continues to lead the industry, reinforced by top-tier security and compliance.
Ahmed Yahia, CEO of MGX: “We believe in blockchain’s transformative potential. Together with Binance, we’re building a more sustainable digital finance ecosystem.”
Richard Teng, CEO of Binance: “This is a milestone for the crypto industry. We’re committed to delivering a secure, transparent, and inclusive ecosystem.”
Source Binance
Binance, the world’s largest cryptocurrency exchange, has finalized a $2 billion investment from MGX, a leading AI technology firm based in Abu Dhabi. This marks:
- The largest investment ever in a crypto company.
- The biggest transaction paid in stablecoin.
- Binance’s first institutional funding.
MGX makes its debut in blockchain, partnering with Binance to shape the future of digital finance, blending AI and DeFi. With 260 million users, over $100 trillion in trading volume, and 1,000 employees in the UAE, Binance continues to lead the industry, reinforced by top-tier security and compliance.
Ahmed Yahia, CEO of MGX: “We believe in blockchain’s transformative potential. Together with Binance, we’re building a more sustainable digital finance ecosystem.”
Richard Teng, CEO of Binance: “This is a milestone for the crypto industry. We’re committed to delivering a secure, transparent, and inclusive ecosystem.”
Source Binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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