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Abu Dhabi’s MGX invests $2B in Binance, marking largest institutional stablecoin-backed crypto deal – TON BOT

Abu Dhabi’s MGX invests $2B in Binance, marking largest institutional stablecoin-backed crypto deal

Binance, the largest crypto exchange, received a $2 billion investment from Abu Dhabi-based MGX, marking the largest ever investment in a crypto company. The deal grants MGX a minority stake in Binance and aligns with their goal of merging AI with blockchain technology. The investment strengthens Binance’s market position and supports the UAE’s digital asset regulation.


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