Binance, the world’s biggest crypto exchange, announced it has received a $2 billion investment from MGX, an Abu Dhabi–based sovereign wealth fund. The $2 billion investment is: - The single largest investment into a #Crypto company - The largest investment paid in crypto (stablecoin) - And, the first institutional investment in Binance https://www.cnbc.com/2025/03/13/abu-dhabis-mgx-to-invest-2-billion-in-crypto-exchange-binance.html

Todd Smith

8 months ago

shared a link post in group #Crypto

Binance, the world’s biggest crypto exchange, announced it has received a $2 billion investment from MGX, an Abu Dhabi–based sovereign wealth fund.

The $2 billion investment is: 
- The single largest investment into a #Crypto company
- The largest investment paid in crypto (stablecoin)
- And, the first institutional investment in Binance

cnbc.com/2025/03/13/abu-d..

www.cnbc.com

Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.