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.
Binance landed the biggest ever $2 billion investment in a crypto company from Abu Dhabi-based AI investor MGX.
DUBAI (Reuters) -Abu Dhabi investment group MGX has invested $2 billion worth of cryptocurrency into Binance, in what the ...
Binance, the world’s largest cryptocurrency exchange, has secured a $2 billion investment from Abu Dhabi-based investment ...
BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the ...
The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.
The deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry ...
Binance secures a $2 billion investment from Abu Dhabi-based MGX, reinforcing its position in the digital asset market.
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.
United Arab Emirates-based fund MGX has invested US$2 billion (RM8.87 billion) to take a minority stake in cryptocurrency ...
Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of ...