MGX Supports Binance in Historic $2 Billion Investment
This investment marks:
👉🏼The largest single investment in a crypto company
👉🏼The biggest investment made using cryptocurrency
👉🏼The first institutional investment in Binance
New York - Abu Dhabi, 12 March 2025 – Binance, the world's largest cryptocurrency exchange, has secured a landmark $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. This historic deal marks Binance’s first-ever institutional investment and represents the largest single investment in a crypto company, as well as the largest investment ever made using cryptocurrency (stablecoin).
For MGX, this move signifies its entry into the cryptocurrency and blockchain space, acquiring a minority stake in Binance as part of a broader strategy to support blockchain’s transformative role in global finance. By partnering with the industry leader, MGX aims to accelerate the adoption of digital assets and reinforce blockchain’s impact on society.
MGX aims to drive innovation at the intersection of AI, blockchain technology, and finance.
Binance has a strong presence in the UAE, a country recognized for its progressive cryptocurrency regulations and clear digital asset frameworks. Currently, Binance employs around 1,000 of its 5,000 global workforce in the UAE. As the world's most secure, licensed, and trusted cryptocurrency exchange, Binance maintains a dominant industry position.
With a trading volume larger than the next several exchanges combined, Binance serves over 260 million registered users and has surpassed $100 trillion in cumulative trading volume. This investment further cements Binance’s leadership in the crypto space while highlighting MGX's commitment to advancing AI-powered blockchain solutions.
...reinforcing MGX's commitment to advancing AI-powered blockchain solutions, decentralized finance (DeFi), and the tokenized digital economy.