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Binance secures $2 Billion investment from Abu Dhabi’s MGX in landmark institutional deal
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In a statement, Binance CEO Richard Teng framed the investment as "a significant milestone for the crypto industry and for Binance.”
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The exchange is substantially larger than rivals in terms of trading volume, with CoinGecko showing over $23 billion worth of trading over the last 24 hours compared to about $4 billion for the U.S.-based Coinbase and just under $4 billion for OKX
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