MEGA Investment! #Binance receives $2 billion from MGX, massive institutional boost
The giant cryptocurrency exchange Binance has announced that the investment firm #MGX , based in Abu Dhabi, has made a $2 billion investment in the company.
MGX is an investor in artificial intelligence and advanced technology based in Abu Dhabi.
"It is the largest individual investment in a cryptocurrency company and the largest investment ever made in cryptocurrencies (stablecoin)," said Binance in the statement.