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.”

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