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Abu Dhabi's MGX Commits $2 Billion

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.

Bloomberg on MSN · 4d

Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance

Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.

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.

3d

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 ...

Live Bitcoin News2d

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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