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UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social As artificial intelligence startups raise increasingly large sums of cash to fund their swelling infrastructure needs, they’re turning to strategic partners like Nvidia … Read more
MGX, an AI and advanced technology investor based out of Abu Dhabi, has invested a staggering $2 billion in Binance. In an announcement dated 12 March 2025, Binance said that this infusion of funds marks the first institutional investment that the company has received. Notably, this is the largest investment funding that any crypto company … Read more
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange’s first institutional investment and the “single largest investment” ever paird in crypto. In a joint press release, the firms … Read more
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East. Read More
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 into the cryptocurrency and blockchain sectors. MGX, known for its focus on AI and advanced … Read more
Key Takeaways Abu Dhabi’s MGX invested $2 billion in Binance, marking the largest-ever crypto company investment. The investment gives MGX a minority stake in Binance to support blockchain technology development. Share this article Binance announced Wednesday that MGX, Abu Dhabi’s AI and advanced technology investor, has invested $2 billion in Binance, marking the largest-ever investment … Read more
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