Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on ...

Binance, the world's largest cryptocurrency exchange, has secured a $2 billion investment from Abu Dhabi-based technology investment firmMGX. MGX's investment is nearly double the total value of all ...

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 cryptocurrency market entered a new phase of maturity in early 2025, marked by unprecedented institutional investment, ...

Abu Dhabi’s burgeoning obsession with artificial intelligence just took something of a detour. The richest of the United Arab ...

Abu Dhabi sovereign wealth fund-backed artificial intelligence investor MGX entered the cryptocurrency and blockchain sectors with a $2 billion investment in crypto exchange Binance. MGX is an AI ...

This marks MGX's debut in the cryptocurrency space. Binance CEO Richard Teng, who previously shaped one of the world's first crypto regulatory frameworks as CEO of the Abu Dhabi Financial Services ...

The world's largest cryptocurrency exchange platform, Binance, received a $2 billion investment from Emirati state-owned investor MGX on Wednesday. The investment, disbursed using stablecoin, marks ...

The deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry ...

This investment represents MGX's first entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain's ...

Investing.com newsroom and editorial staff were not involved in the creation of this content In a move that signals a shift in institutional cryptocurrency investment, Abu Dhabi-backed MGX has ...