Mubadala-founded MGX takes stake in crypto exchange Binance
Abu Dhabi sovereign wealth fund-backed artificial intelligence investor MGX entered the cryptocurrency and blockchain sectors with a $2 billion investment in crypto exchange Binance. MGX is an AI and advanced technology investor founded by $302 billion sovereign wealth fund Mubadala,
Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX
Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,
Abu Dhabi-backed investor buys into Binance with $2 billion of crypto
By Elizabeth Howcroft and Federico Maccioni DUBAI (Reuters) -Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United Arab Emirates.
Binance Secures $2 Billion as Abu Dhabi-based MGX Joins as First Institutional Investor
Binance just landed a massive $2 billion investment from Abu Dhabi-based MGX, marking a major milestone for the world’s largest crypto
(PR) MGX BACKS BINANCE IN LANDMARK INVESTMENT
Binance, the world's largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date,
Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance
Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.
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