#investmentnews
Investment and Partnerships
MGX Investment: Abu Dhabi's MGX has invested $2 billion in Binance, marking the exchange's first institutional investment. This move aligns with the UAE's goal to become a global hub for digital assets.
Platform Updates
Risk Management Enhancements: Binance Margin has introduced customizable margin call alerts, allowing users to set their Margin Call Ratio and adjust alert frequency.
Collateral Ratio Adjustments: Starting March 14, Binance updated the collateral ratios for six tokens—CELO, IOTX, LRC, ALICE, AUDIO, and ICX—under its portfolio margin. For instance, CELO and IOTX ratios were reduced from 80% to 70%.
