#MGXBinanceInvestment invested $2 billion in Binance, the world's largest cryptocurrency exchange, marking Binance's first institutional investment. The transaction was made using a stablecoin, though the specific type was not disclosed.
REUTERS.COM
This move aligns with the United Arab Emirates' ambition to become a global hub for digital assets and showcases MGX's commitment to integrating artificial intelligence and blockchain technology in finance.
FT.COM
The investment also strengthens Binance's ties with the UAE, where a significant portion of its workforce is based.
REUTERS.COM
Abu Dhabi's MGX Invests $2 Billion in Binance
reuters.com
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ft.com
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forbes.com
Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX
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