MGX, an Abu Dhabi-based sovereign wealth fund investing in AI and blockchain, entered crypto with a $2 billion Binance investment, marking growing institutional confidence in blockchain. MGX plans to use this partnership to advance AI and blockchain adoption.

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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

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

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