MGX announces $2 billion investment in Binance and acquires minority stake in Binance
2025-03-12 14:31
Odaily News Cryptocurrency exchange Binance and Abu Dhabi-based AI and advanced technology investor MGX have announced a landmark $2 billion investment. The deal is Binance’s first institutional investment to date and marks a major step forward in driving digital asset adoption and strengthening the role of blockchain in global finance. It is also the largest single investment in a cryptocurrency company and the largest investment in a cryptocurrency (stablecoin) ever.
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