MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into the digital asset and blockchain sectors. Binance said the transaction is its first institutional investment, marking a major step in digital asset adoption. It is also the largest funding deal made with a crypto company and the biggest ever paid in stablecoin. The firm aims to promote innovation at the intersection of artificial intelligence (AI), blockchain technology, and finance.
Source: Wayne Jones, 2025-03-14; https://cryptopotato.com/mgx-invests-2b-in-binance-in-historic-crypto-funding-deal/