Abu Dhabi-backed investor buys into Binance with $2 bln of crypto
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 nets biggest ever crypto investment as UAE-backed MGX puts in $2 billion
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.
Binance Says Abu Dhabi's MGX Invests $2 Billion Into Crypto Exchange
Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company. Binance said in a statement posted on its website that it was the first time it had taken institutional investment.
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.
Binance secures ‘largest investment ever' in crypto as Abu Dhabi's MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange’s first institutional investment.
UAE company invests $2B in Binance in the largest investment into a crypto venture ever
An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.
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