MGX Invests $2 Billion in Binance via Trump-Linked Stablecoin
Abu Dhabi-based investment giant MGX has announced a $2 billion investment in Binance, marking a major move in the crypto world. The investment will be made through World Liberty Financial’s USD1 stablecoin, which is linked to the Trump family.$BNB
This strategic partnership was unveiled during the Token2049 Conference in Dubai, where Eric Trump personally presented the project details.
Source: Reuters
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BNB Price Surges After Investment News
Following the investment announcement, BNB’s price soared to $570, reaching its highest level in recent weeks. Analysts suggest this momentum could push BNB to $600 or more, signaling a strong bullish trend.$BNB
Source: FXStreet
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Binance’s Global Expansion Continues
This investment strengthens Binance’s financial position and opens new doors for expansion in the Middle East and Asia. With crypto-friendly policies in the UAE, platforms like Binance are finding fertile ground to grow and innovate.
Source: Binance Square
