News
Abu Dhabi's MGX Makes $2 Billion Investment in Binance
Abu Dhabi's massive investment in Binance comes amid increasing regulatory clarity for crypto globally.
Mar 12, 2025
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1 min read
Binance has secured a $2 billion investment from Abu Dhabi's MGX, marking it the largest investment in a crypto company to date, giving MGX a minority stake.
What’s the Scoop?
- Record Investment: Abu Dhabi's MGX invested $2 billion in Binance, marking the largest-ever investment in a crypto company.
- Strategic Stake: The investment gives MGX a minority stake in Binance to support blockchain technology development.
- Institutional Support: This move signals significant institutional support towards Binance as it aims for a more secure and scalable blockchain infrastructure.
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