Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates ...
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's ...
It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.
Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on ...
BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the ...
Weekly updates on crypto regulation news, covering the GENIUS Act, Trump’s crypto reserve, Binance’s $2B investment, and more ...
Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s ...
Gulf Business on MSN1d
Abu Dhabi’s MGX makes $2bn crypto investment in BinanceThe deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry ...
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.
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