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MGX BACKS Binance IN LANDMARK INVESTMENT

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United Arab Emirates.

Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX

Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,

Binance Gets $2B Investment From Abu Dhabi's MGX

It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.

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MGX Invests $2 Billion in Binance, But Traders Are Rushing to BlockchainFX as Its Super App Whitelist Nears Full Capacity

The cryptocurrency industry is witnessing one of the largest institutional investments in history. Abu Dhabi-based AI and ...

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Abu Dhabi’s MGX Hires From Apollo, Warburg Amid Trump’s AI Push

Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is ...

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UAE crypto bet is a new twist on AI infrastructure

Abu Dhabi’s burgeoning obsession with artificial intelligence just took something of a detour. The richest of the United Arab ...

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Abu Dhabi’s ADQ to become majority shareholder in Aramex

Abu Dhabi’s ADQ will become the majority shareholder in Aramex following a successful voluntary tender offer, submitted by Q ...

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