Monday, 19 May 2025
  • My Feed
  • My Interests
  • My Saves
  • History
  • Blog
Subscribe
Capernaum
  • Finance
    • Cryptocurrency
    • Stock Market
    • Real Estate
  • Lifestyle
    • Travel
    • Fashion
    • Cook
  • Technology
    • AI
    • Data Science
    • Machine Learning
  • Health
    HealthShow More
    Eating to Keep Ulcerative Colitis in Remission 
    Eating to Keep Ulcerative Colitis in Remission 

    Plant-based diets can be 98 percent effective in keeping ulcerative colitis patients…

    By capernaum
    Foods That Disrupt Our Microbiome
    Foods That Disrupt Our Microbiome

    Eating a diet filled with animal products can disrupt our microbiome faster…

    By capernaum
    Skincare as You Age Infographic
    Skincare as You Age Infographic

    When I dove into the scientific research for my book How Not…

    By capernaum
    Treating Fatty Liver Disease with Diet 
    Treating Fatty Liver Disease with Diet 

    What are the three sources of liver fat in fatty liver disease,…

    By capernaum
    Bird Flu: Emergence, Dangers, and Preventive Measures

    In the United States in January 2025 alone, approximately 20 million commercially-raised…

    By capernaum
  • Sport
  • 🔥
  • Cryptocurrency
  • Travel
  • Data Science
  • Real Estate
  • AI
  • Technology
  • Machine Learning
  • Stock Market
  • Finance
  • Fashion
Font ResizerAa
CapernaumCapernaum
  • My Saves
  • My Interests
  • My Feed
  • History
  • Travel
  • Health
  • Technology
Search
  • Pages
    • Home
    • Blog Index
    • Contact Us
    • Search Page
    • 404 Page
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Categories
    • Technology
    • Travel
    • Health
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » ⁠Binance Secures Historic $2B Investment from Abu Dhabi’s MGX in Stablecoin-Only Deal
Cryptocurrency

⁠Binance Secures Historic $2B Investment from Abu Dhabi’s MGX in Stablecoin-Only Deal

capernaum
Last updated: 2025-03-13 06:18
capernaum
Share
⁠Binance Secures Historic $2B Investment from Abu Dhabi’s MGX in Stablecoin-Only Deal
SHARE

Contents
Enhancing Binance’s Global FootprintImplications for the Crypto IndustryMarket Response
  • MGX’s $2B stablecoin investment in Binance signals growing institutional confidence in crypto and reinforces Abu Dhabi’s ambitions to become a global blockchain hub.
  • The investment strengthens Binance’s compliance, security, and regulatory outreach, positioning it for greater influence in the digital asset sector.

In a landmark move, Abu Dhabi-based investment firm MGX has invested $2 billion in Binance, marking the first institutional investment in the world’s largest cryptocurrency exchange. Previously, CNF indicated that Abu Dhabi’s mega Bitcoin investment fueled BTC’s surge.

This newly established investment, conducted entirely in stablecoins, secures MGX a minority stake in Binance. As shared in a tweet by Bitcoin News, it stated:

It’s the first institutional investment in Binance—and the largest in crypto history—fully paid in stablecoins 💸. This landmark deal signals a major vote of confidence from traditional finance, as MGX makes its debut in blockchain with a strategic minority stake.

MGX, renowned for its focus on artificial intelligence and advanced technologies, views this venture as a strategic alignment with its mission to support blockchain innovation and digital finance.

In addition, Ahmed Yahia, Managing Director and CEO of MGX, emphasized the firm’s commitment to advancing blockchain’s transformative potential.

Enhancing Binance’s Global Footprint

For Binance, this substantial capital infusion is poised to bolster its compliance initiatives, enhance security measures, and strengthen collaborations with regulators worldwide. The exchange has established a significant presence in the United Arab Emirates, employing approximately 1,000 staff members in the region.

Binance CEO Richard Teng, who previously served as CEO of the Abu Dhabi Financial Services Regulatory Authority, highlighted the shared vision between the two entities in shaping the future of digital finance.

Implications for the Crypto Industry

According to Financial Times, this investment underscores the UAE’s ambition to become a global hub for digital assets and the crypto industry, aligning with its broader economic diversification plans. as Also shared by the CZ on his recent tweet.

MGX, an Abu Dhabi sovereign wealth fund, invests $2 billion in @Binance for a minority stake. The transaction will be 100% in crypto (stablecoins), marking it the largest investment transaction done in crypto to date.

This is also the first institutional investment @Binance has…

— CZ 🔶 BNB (@cz_binance) March 12, 2025

The collaboration between MGX and Binance is expected to drive innovation at the intersection of artificial intelligence, blockchain technology, and finance, potentially setting new standards for institutional involvement in the crypto space.

Market Response

The positive market reaction signifies growing investor confidence in Binance’s strategic direction and the broader acceptance of institutional investments in the cryptocurrency sector.

Following the announcement, Binance’s native token, BNB, experienced a notable uptick. According to CoinMarketCap data, BNB is currently trading at approximately $580.51, reflecting a 6.39% increase over the past 24 hours. See BNB price chart below.

Share This Article
Twitter Email Copy Link Print
Previous Article Solana (SOL) Faces Many Challenges—Can Bulls Hold the Line? Solana (SOL) Faces Many Challenges—Can Bulls Hold the Line?
Next Article Ripple (XRP) Price Eyes $3 Rebound as CME Group Signals 99% Chance of Fed Rate Pause Ripple (XRP) Price Eyes $3 Rebound as CME Group Signals 99% Chance of Fed Rate Pause
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Using RSS feeds, we aggregate news from trusted sources to ensure real-time updates on the latest events and trends. Stay ahead with timely, curated information designed to keep you informed and engaged.
TwitterFollow
TelegramFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Japan Faces ‘Worse Than Greece’ Economic Turmoil As Crypto Markets Crash

By capernaum

What’s Happening With Coinbase: Wave of Lawsuits After Data Breaches

By capernaum

Altcoin Season Coming This Summer, ETH to Beat SOL: Arthur Hayes

By capernaum
Lighthouse Brings Filecoin Power to SingularityNET Devs
Cryptocurrency

Lighthouse Brings Filecoin Power to SingularityNET Devs

By capernaum
Capernaum
Facebook Twitter Youtube Rss Medium

Capernaum :  Your instant connection to breaking news & stories . Stay informed with real-time coverage across  AI ,Data Science , Finance, Fashion , Travel, Health. Your trusted source for 24/7 insights and updates.

© Capernaum 2024. All Rights Reserved.

CapernaumCapernaum
Welcome Back!

Sign in to your account

Lost your password?