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MGX BACKS Binance IN LANDMARK INVESTMENT

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto

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 United Arab Emirates.

Bloomberg on MSN · 2d

Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance

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.

CNBC on MSN · 1d

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.

1d

UAE crypto bet is a new twist on AI infrastructure

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

2don MSN

Abu Dhabi’s MGX Hires From Apollo, Warburg Amid Trump’s AI Push

Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is ...

The National on MSN3d

Abu Dhabi’s ADQ to become majority shareholder in Aramex

Abu Dhabi’s ADQ will become the majority shareholder in Aramex following a successful voluntary tender offer, submitted by Q ...

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