Abu Dhabi’s MGX investing $2b in Binance using only stablecoins

Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history.  The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry…

Mar 12, 2025 - 22:00
Abu Dhabi’s MGX investing $2b in Binance using only stablecoins
Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history.  The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry…

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