Abu Dhabi’s MGX Invests $2 Billion in Binance, Marking a Landmark Crypto Deal
In a landmark development for the cryptocurrency industry, Abu Dhabi’s investment firm MGX has invested $2 billion in Binance, the world’s largest cryptocurrency exchange. This significant capital injection marks Binance’s first institutional investment and is notable for being transacted entirely in stablecoins, underscoring the growing acceptance of digital currencies in substantial financial dealings. MGX, traditionally…