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

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.

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

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company. Binance said in a statement posted on its website ...

An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest ...

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

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 ...

Binance Wallet now supports CEX-to-DEX trading using exchange balances, allowing seamless access to tokens across major ...

This strategic investment represents the largest institutional stablecoin-backed crypto deal to date and underscores Abu ...

Abu Dhabi-based investment firm MGX has made a landmark $2 billion investment in Binance, the world's largest cryptocurrency ...

Binance CEO Richard Teng emphasized the significance of this development: "This landmark investment from MGX represents more ...

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 ...