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MGX Backs Binance In Landmark Investment
The $2 billion investment is:
👉🏻The single largest investment into a crypto company
👉🏻The largest investment paid in crypto
👉🏻And, the first institutional investment in Binance
New York - Abu Dhabi, 12 March 2025 – Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment into a crypto company and the largest investment ever paid in crypto (stablecoin).
This investment represents MGX’s first entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain’s transformative impact on society. By partnering with the leading industry player, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
Binance has a substantial footprint in the UAE, a nation known for its innovation, progressive cryptocurrency regulation, and clarity in digital asset frameworks. Today, Binance employs approximately ~1,000 of its ~5,000 global workforce in the UAE. As the world's most secure, licensed, and trusted cryptocurrency exchange, Binance leads the industry by a significant margin. It is larger than the next several cryptocurrency exchanges combined by trading volume, boasting over 260 million registered users and surpassing $100 trillion in cumulative trading volume. This investment solidifies Binance’s position at the forefront of the crypto revolution while underscoring MGX’s commitment to enabling AI-powered blockchain solutions, decentralized finance (DeFi), and the tokenized digital economy.
#MGXBinanceInvestment #MGX
👉🏻The single largest investment into a crypto company
👉🏻The largest investment paid in crypto
👉🏻And, the first institutional investment in Binance
New York - Abu Dhabi, 12 March 2025 – Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment into a crypto company and the largest investment ever paid in crypto (stablecoin).
This investment represents MGX’s first entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain’s transformative impact on society. By partnering with the leading industry player, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
Binance has a substantial footprint in the UAE, a nation known for its innovation, progressive cryptocurrency regulation, and clarity in digital asset frameworks. Today, Binance employs approximately ~1,000 of its ~5,000 global workforce in the UAE. As the world's most secure, licensed, and trusted cryptocurrency exchange, Binance leads the industry by a significant margin. It is larger than the next several cryptocurrency exchanges combined by trading volume, boasting over 260 million registered users and surpassing $100 trillion in cumulative trading volume. This investment solidifies Binance’s position at the forefront of the crypto revolution while underscoring MGX’s commitment to enabling AI-powered blockchain solutions, decentralized finance (DeFi), and the tokenized digital economy.
#MGXBinanceInvestment #MGX
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