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 transformative ...

DUBAI (Reuters) -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 ...

NEW YORK and ABU DHABI, UAE, March 12, 2025 /PRNewswire/ -- Binance, the world's largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a ...

Abu Dhabi's MGX to become minority shareholder in Binance $2 bln investment was made in stablecoin, not dollars Binance deepens ties with Abu Dhabi DUBAI, March 12 (Reuters) - Abu Dhabi-backed ...

Binance said in a statement posted on its website that it was the first time it had taken institutional investment. The exchange said the investment was made in stablecoin - a type of cryptocurrency ...