Articles for tag: Binance, blockchain adoption, cryptocurrency investment, Digital Assets, Institutional Investment, MGX, UAE

Market News

Binance Secures $2 Billion from MGX: Record Investment in Cryptocurrency Company Highlighting Future Growth Potential

Binance, a leading global cryptocurrency exchange, has received a groundbreaking $2 billion investment from MGX, an advanced technology investor based in Abu Dhabi. This marks the largest investment ever made in a crypto company and the first institutional backing for Binance. The funding aims to enhance the adoption of digital assets and strengthen blockchain’s role ...

Market News

Abu Dhabi’s MGX Invests $2B in Binance Stablecoins to Strengthen Cryptocurrency Ecosystem and Boost Digital Finance Growth

MGX, an investment firm based in Abu Dhabi, has made headlines by investing $2 billion in Binance, one of the largest cryptocurrency exchanges in the world. This investment, reported on March 12, is significant as it marks the first institutional backing that Binance has received and represents a milestone in the crypto industry. The deal ...

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