A $2 billion investment deal between Abu Dhabi-based tech investor MGX and Binance is grabbing headlines, not just for its size, but for how it’ll be settled, in stablecoin USD1, issued by World ...

Binance made headlines by becoming the first global exchange to secure a Virtual Asset Service Provider (VASP) licence in the ...

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 ...

Binance, the world's largest cryptocurrency exchange, said it has received a $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor.

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 ...

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit ...

Binance secures ‘largest investment ever' in crypto as Abu Dhabi's MGX pledges $2 billion By Dylan Butts, CNBC • Published March 12, 2025 • Updated on March 13, 2025 at 10:16 pm ...

According to the press release, Binance employs approximately 1,000 of its roughly 5,000 global workforce in the UAE. It adds that it now boasts over 260 million registered users and has surpassed ...