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.

The fresh funds will bolster security, AI-driven blockchain, and DeFi expansion while scaling Web3, institutional services, ...

Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates ...

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

Raising capital has always been important, especially in the early days of blockchain and DeFi projects. On one end, millions ...

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 ...

BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the single largest investment in a crypto company so far.

Binance secures a $2 billion investment from Abu Dhabi-based MGX, reinforcing its position in the digital asset market.

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

This investment represents MGX's first entry into the cryptocurrency and blockchain sectors, securing a minority stake in ...

The deal is the largest investment made into a crypto company and the largest investment ever paid in crypto, according to ...

Binance landed the biggest ever $2 billion investment in a crypto company from Abu Dhabi-based AI investor MGX.