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MGX BACKS Binance IN LANDMARK INVESTMENT

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,

Bloomberg on MSN · 2d

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.

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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 ...

Trump family to acquire stake in Binance, firm accused of money laundering

Meanwhile, in a separate development, the UAE-based fund MGX, led by the brother of the UAE’s president, announced a $2 ...

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