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Binance Secures $2 Billion Investment from Abu Dhabi's MGX

On March 12, 2025, Binance announced a landmark $2 billion investment from Abu Dhabi-based investment firm MGX, marking the exchange's first institutional funding. This investment, made via stablecoins, aligns with the UAE's ambition to become a global hub for digital assets. MGX's CEO, Ahmed Yahia, emphasized their commitment to advancing blockchain's potential in digital finance. This move strengthens Binance's ties with the UAE, where a significant portion of its workforce is based, highlighting the region's strategic focus on the crypto industry.

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