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.
Abu Dhabi Invests $2 Billion in Binance Using Stablecoins
Abu Dhabi's MGX sovereign wealth fund makes a historic $2 billion investment in Binance using stablecoins, marking the largest crypto-related business deal to date.
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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UAE buys world’s largest crypto exchange
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 ...
XRP Spikes 4% As Ripple Gains Approval To Offer Crypto Payments In Dubai
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai ...