Announcement of the first and largest institutional investment ever in Binance by @mgx_ai
💥 On March 12, 2025, the world’s largest cryptocurrency exchange, Binance, and MGX, the Abu Dhabi-based investment company in artificial intelligence and advanced technology, announced a historic investment of 2 billion USD. This deal, which is the first institutional investment in Binance to date, represents a significant step in enhancing the adoption of digital assets and promoting the role of blockchain technology in the global financial sector. It is also the largest single investment in a cryptocurrency company and the largest ever investment driven in cryptocurrencies (stablecoins).
🚀 This investment marks MGX's first entry into the cryptocurrency and blockchain sectors, as it acquired a minority stake in Binance as part of a broader strategy to support the transformative impact of blockchain technology on society. Through its partnership with the leading company in this field, MGX aims to empower innovation in artificial intelligence, blockchain technology, and finance.
🚀 On this occasion, Richard Teng, the CEO of Binance, stated: "This investment from MGX represents a significant achievement for the cryptocurrency sector and for Binance. Together, we are shaping the future of digital finance. Our goal is to build a more inclusive and sustainable ecosystem, with a strong focus on compliance, security, and user protection. Binance remains committed to working with regulators around the world to establish transparent, responsible, and forward-looking policies for the cryptocurrency sector. Our ongoing investments in security and compliance enhance our mission to promote a safe and reliable digital financial system."
🚀 Richard Teng, who previously served as the CEO of the globally recognized Abu Dhabi Financial Services Regulatory Authority, played a pivotal role in launching one of the world’s first regulatory frameworks for cryptocurrencies, making his leadership a cornerstone of Binance’s regulatory strategy.
🚀 Ahmed Yahya, CEO of MGX, said: "MGX’s investment in Binance reflects our commitment to enhancing the transformative potential of blockchain technology in digital finance. With the acceleration of institutional adoption of this technology, the need for secure, compliant, and scalable blockchain infrastructure and solutions is greater than ever. Binance has always been a driving force in cryptocurrency innovation, from exchange technology and tokenization to storage and payments. Together, we are committed to building a more inclusive and robust digital financial system."
🚀 Binance has a strong presence in the UAE, a country known for its innovation, advanced regulation of digital currencies, and clarity of digital asset frameworks. Binance currently employs about 1,000 employees out of 5,000 globally in the UAE. As the most secure, licensed, and trusted cryptocurrency trading platform in the world, Binance leads this field by a significant margin. It is larger than many of the following cryptocurrency trading platforms combined in terms of trading volume, with over 260 million registered users and cumulative trading volume exceeding 100 trillion dollars. This investment enhances Binance’s position at the forefront of the cryptocurrency revolution, and confirms MGX’s commitment to enabling AI-backed blockchain solutions, decentralized finance (DeFi), and the symbolic digital economy.#MGXBinanceInvestmen
