Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2bn investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment in a crypto company and the largest investment ever paid in crypto (stablecoin)
This investment represents MGX’s entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain’s transformative impact on society. By partnering with the leading industry player, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
Binance has a substantial footprint in the United Arab Emirates (UAE), a nation known for its innovation, progressive cryptocurrency regulation, and clarity in digital asset frameworks. Today, Binance employs approximately 1,000 of its roughly 5,000-strong global workforce in the UAE.
As the world’s most secure, licensed and trusted cryptocurrency exchange, Binance leads the industry by a significant margin. It is larger than the next several cryptocurrency exchanges combined by trading volume, boasting more than 260-million registered users and surpassing $100-trillion in cumulative trading volume.
This investment solidifies Binance’s position at the forefront of the crypto revolution while underscoring MGX’s commitment to enabling AI-powered blockchain solutions, decentralised finance (DeFi), and the tokenised digital economy.
Speaking of the transaction, MGX MD and CEO Ahmed Yahia says: “MGX’s investment in Binance reflects our commitment to advancing blockchain’s transformative potential for digital finance. As institutional adoption accelerates, the need for secure, compliant, and scalable blockchain infrastructure and solutions has never been greater. Binance has long been a driving force in cryptocurrency innovation, from exchange technology and tokenisation to staking and payments. Together, we are committed to building a more inclusive and robust digital finance ecosystem.”
Binance CEO Richard Teng adds: “This investment by MGX is a significant milestone for the crypto industry and for Binance. Together, we are shaping the future of digital finance. Our goal is to build a more inclusive and sustainable ecosystem, with a strong focus on compliance, security and user protection. Binance remains committed to working with regulators worldwide to establish transparent, responsible, and forward-thinking policies for the crypto industry. Our ongoing investments in security and compliance reinforce our mission to foster a secure and trusted digital financial ecosystem.”
Teng, who previously served as CEO of the globally recognised Abu Dhabi Financial Services Authority, played a key role in initiating one of the world’s first crypto regulatory frameworks, making his leadership instrumental in Binance’s regulatory strategy.
About MGX
MGX is a technology investment company focused on accelerating the development and adoption of AI and advanced technologies through world-leading partnerships in the UAE and globally. MGX
invests in sectors where AI can deliver value and economic impact at scale, including semiconductors, infrastructure, software, tech-enabled services, life sciences, and physical AI.
About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 260-million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings, from trading and finance to education, research, social good, payments, institutional services and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.
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