In a joint press release, the firms said the minority stake would be paid for in stablecoins, making it the biggest ...

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

DUBAI (Reuters) -Abu Dhabi investment group MGX has invested $2 billion worth of cryptocurrency into Binance, in what the ...

BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the ...

Abu Dhabi’s state-owned investment firm MGX has made a landmark $2 billion investment in Binance, marking the cryptocurrency ...

The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub. The exact size of the stake MGX acquired or which stablecoin would be used ...

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

The Abu Dhabi sovereign wealth fund-backed AI investment company initiated the largest investment ever paid in crypto.

The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of ...

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

Binance just landed a massive $2 billion investment from Abu Dhabi-based MGX, marking a major milestone for the world’s largest crypto ...