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Binance secured a $2 billion investment from Abu Dhabi-based MGX

Description

Binance has secured a $2 billion investment from Abu Dhabi-based MGX, marking the exchange’s first institutional funding and the largest single investment in a crypto company. The transaction was fully conducted in stablecoins and MGX has acquired a minority stake in Binance.

Event date

7:00am, Wednesday, March 12, 2025