{"id":635152,"date":"2025-03-13T08:48:35","date_gmt":"2025-03-13T08:48:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=635152"},"modified":"2025-03-13T08:53:50","modified_gmt":"2025-03-13T08:53:50","slug":"binance-lands-biggest-ever-2-billion-investment-from-abu-dhabi-ai-investor-mgx","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/binance-lands-biggest-ever-2-billion-investment-from-abu-dhabi-ai-investor-mgx","title":{"rendered":"Binance Lands Biggest Ever Crypto Investment From Abu Dhabi AI Investor MGX Worth $2 Billion"},"content":{"rendered":"

Binance has secured the biggest ever investment in a crypto company, with Abu Dhabi-based AI investor MGX pumping $2 billion into the world’s largest exchange.<\/p>\n

In a March 12 post<\/span><\/a> on X, Binance called the deal its “first-ever” outside investment and the two firms said in a joint press release<\/span><\/a> that <\/span>the minority stake would be paid for in stablecoins, making it the largest ever made using crypto.<\/p>\n

Binance’s native BNB token has surged 4% in the past 24 hours to trade at $577 as of 2:20 a.m. EST, according to <\/span>CoinMarketCap.<\/span><\/a> <\/span><\/p>\n

\"Binance\"<\/p>\n

Binance Investment Part Of MGX’s Focus On AI, Blockchain And Finance<\/span><\/h2>\n

The MGX investment firm was launched last year, with a focus on supporting the intersection of artificial intelligence (AI), blockchain and finance. <\/span><\/p>\n

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

This is also the first institutional investment @Binance<\/a> has…<\/p>\n

— CZ 🔶 BNB (@cz_binance) March 12, 2025<\/a><\/p><\/blockquote>\n