Binance secures $2 billion investment from Abu Dhabi’s MGX in landmark crypto deal

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Binance secured a $2 billion investment from Abu Dhabi-based MGX, marking its first institutional funding and MGX’s first crypto investment. The deal, conducted in stablecoins, grants MGX a minority stake in Binance.

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Publish date

Mar 12, 2025 - 8:13am

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https://www.theblock.co/post/345932/binance-secures-2-billion-investment-from-abu-dhabis-mgx-in-landmark-crypto-deal

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Through the investment and partnership, MGX and Binance aim to bolster AI, blockchain and financial innovation

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This marks MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance

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Binance is the largest crypto exchange in the world

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