Friends, today I want to share with you a piece of news that I find incredibly important, along with my own comments ๐Ÿง๐Ÿ’ผ

#MGX , an AI and advanced technology investor based in New York and Abu Dhabi, has made a massive $2 billion investment. And this investment was made in the #Blockchain sector, the same sector we are a part of. Of course, this investment was directed towards the biggest name in the sector, which we are also proud to call family: #Binance !

So, what does this mean? Before sharing my insights with you, I want to highlight one detail. Binanceโ€™s former CEO and co-founder CZ shared a post saying:

"More stablecoins to buy altcoins soon." ๐Ÿ‘€๐Ÿ–ค๐Ÿ’›

1โƒฃ Friends, MGX is truly a giant entity. For the first time, a structure as significant as MGX is entering the blockchain and #cryptocurrency sector with this investment. This is one of the most notable developments for global crypto adoption, following #ETFs . Why, you ask? I recommend you take a look at MGX's partners ๐Ÿง๐Ÿ‘€. I will share an image below with just a few of their partners!

2โƒฃ This investment is also the first institutional investment made in the #Binance exchange. The fact that a giant like MGX is entering the sector with the leading brand of the industry adds even more significance to this development. As CZ mentioned, more stablecoins for altcoins ๐Ÿ’ฒ๐Ÿ’ฐ๐Ÿ’ธ.

3โƒฃ We often hear things like "this company will accept crypto payments" or "that company will make payments with crypto," etc. Well, this investment also holds the title of being the largest investment entirely paid in crypto (with stablecoins).

This is truly a turning point for the sector. Friends, Iโ€™ve shared what I know, what Iโ€™ve interpreted, and what Iโ€™ve heard with you. I hope this has been a helpful post for you. What Iโ€™ve shared is not financial advice. Please do your own research and take your own risks when investing. #MGXBinanceInvestment