The cryptocurrency industry has reached a pivotal moment as Abu Dhabi-based MGX announced a landmark $2 billion investment in Binance, the worlds largest cryptocurrency exchange by trading volume.
The fresh funds will bolster security, AI-driven blockchain, and DeFi expansion while scaling Web3, institutional services, and global regulatory collaborations for a transparent, sustainable crypto ...
The $2 billion MGX (formerly known as Mubadala Investment Company) investment in Binance is notable not just because of its size but for its structure. Unlike traditional venture capital crypto ...
Raising capital has always been important, especially in the early days of blockchain and DeFi projects. On one end, millions ...
Written by Craig Lebrau. In 2024, the cryptocurrency market saw a significant increase in institutional interest, partly ...
The cryptocurrency market entered a new phase of maturity in early 2025, marked by unprecedented institutional investment, ...
Binance CEO Richard Teng emphasized the significance of this development: "This landmark investment from MGX represents more ...
Binance Wallet now supports CEX-to-DEX trading using exchange balances, allowing seamless access to tokens across major ...
Binance, the once embattled cryptocurrency exchange, is now navigating a dramatically friendlier political landscape under ...
This strategic investment represents the largest institutional stablecoin-backed crypto deal to date and underscores Abu ...
Binance has taken decisive action against a market maker linked to the Movement ( MOVE) token after identifying misconduct ...
Emirates News Agency on MSN13d
MGX Backs Binance in Landmark $2B Investment
Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first ...