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,
World’s biggest crypto exchange Binance gets $2 bn investment from Abu Dhabi’s sovereign wealth fund MGX
The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub. The exact size of the stake MGX acquired or which stablecoin would be used
MGX Buys Binance Stake in $2B Crypto Deal
MGX buys Binance stake in a $2B crypto deal, marking the largest crypto deal, expanding AI ventures with institutional backing.
Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins
Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.
Abu Dhabi Invests a Record $2 Billion in Binance
Abu Dhabi wealth fund MGX invests $2 billion in Binance using stablecoins, setting a new record for crypto-related investments.
Binance gets historic $2Bn from Abu Dhabi’s MGX
Abu Dhabi-based investment firm MGX is investing a staggering $2Bn in crypto exchange Binance, marking the first institutional backing of the world’s largest crypto exchange. It is also the largest-ever investment transaction conducted entirely in stablecoins, MGX gaining a sizeable minority stake in the crypto exchange.
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 Hires From Apollo, Warburg Amid Trump’s AI Push
Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is beefing up its US operations with hires from the likes of Apollo Global Management Inc.
Abu Dhabi’s MGX is making a record $2 billion bet on Binance: here’s why
Abu Dhabi’s state-owned investment firm MGX has made a landmark $2 billion investment in Binance, marking the cryptocurrency exchange’s first institutional funding and the largest-ever investment in crypto paid entirely in digital assets.
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Binance raises record $2B from Abu Dhabi's sovereign wealth fund
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Binance Lands Biggest Ever Crypto Investment From Abu Dhabi AI Investor MGX Worth $2 Billion
Binance landed the biggest ever $2 billion investment in a crypto company from Abu Dhabi-based AI investor MGX.
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Binance secures $2b investment from Abu Dhabi sovereign wealth fund MGX
Binance has scored a massive $2 billion investment from MGX, an Abu Dhabi-based sovereign wealth fund. The investment is ...
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