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  • Quote

Name

This marks MGX's first investment into a crypto and blockchain firm, with MGX also acquiring a minority stake in Binance

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Authors

MK Manoylov

Related projects

Binance
MGX

Sources

Binance secures $2 billion investment from Abu Dhabi’s MGX in landmark crypto deal

Referenced by

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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