Binance secured a $2 billion investment from Abu Dhabi-based MGX

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Binance has secured a $2 billion investment from Abu Dhabi-based MGX, marking the exchange’s first institutional funding and the largest single investment in a crypto company. The transaction was fully conducted in stablecoins and MGX has acquired a minority stake in Binance.

Event date

Mar 12, 2025 - 7:00am

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MGX, the leading investor in AI and advanced technologies in Abu Dhabi, has announced a significant investment of $2 billion in Binance
MGX is a technology investment company focused on accelerating the development and adoption of AI and advanced technologies through world-leading partnerships in the United Arab Emirates and globally
This marks MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance

Related projects

MGX
Binance

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Week 11 of 2025
03/12/2025