Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Binance invests $ 2 billion from ABU DHABI AI company MGX.
TRADING NEWS

Binance invests $ 2 billion from ABU DHABI AI company MGX.

By Crypto FlexsMarch 14, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Binance invests $ 2 billion from ABU DHABI AI company MGX.
Share
Facebook Twitter LinkedIn Pinterest Email

Be with us telegram Channel to maintain the latest state for news reports

Binance has secured the biggest investment in the encryption company by pumping $ 2 billion on the world’s largest exchange, based on Abu Davi.

March 12 mail In X, Binance called this transaction as an external investment external investment, and the two companies Joint press release That A small number of steaks are paid from Stablecoins and are the largest using encryption.

Binance’s Aboriginal BNB Token has surged 4% over the last 24 hours and traded at $ 577 based on EST 2:20 AM. Coinmarketcap.

Some of the focus of MGX on Binance Investment AI, blockchain and finance

The MGX Investment Company was released last year and focused on supporting the intersection of artificial intelligence (AI), blockchain and finance.

MGX, an Abu Davi sovereign asset fund, invests $ 2 billion. @Binance For a minority stake. This transaction is 100%in stablecoins, indicating the largest investment transaction in encryption.

This is also the first institutional investment. @Binance have…

-Cz n bnb (@cz_binance) March 12, 2025

In September, the company had a partner relationship. Black rock Microsoft has launched a dedicated AI fund that hopes to raise up to $ 30 billion. MGX also invested in XAI of Openai and ELON MUSK.

Investment in Binance is part of MGX’s promotion to develop “deformed potential for digital finance of blockchain”, said Ahmed Yahia.

Binance’s UAE footprint growth

MGX’s investment occurs after Binance FZE, a Dubai subsidiary of Binance, obtains a virtual asset service provider (VASP) license from Dubai Virtual Asset Regulatory Agency (VARA).

Binance’s ABU DHABI subsidiary has also been licensed for providing parenting services by Abu Dhabi Financial Services regulators.

Binance CEO Richard Teng has previously led the ABU DHABI Financial Services regulatory authorities before acquiring CHANC, CHA CZ, and Changpeng Zhao.

Binance says there are about 1,000 of the 5,000 global personnel based on the UAE.

Related article:

Best wallet -diversify the encryption portfolio

Best walletBest wallet
  • Easy to use and function -oriented password wallet
  • Access early token ICO
  • Multi -chain, multi -vehicle, non -parenting
  • Now Google Play at App Store
  • You can get the best token $
  • 250,000+ Monthly active users

Best walletBest wallet


Be with us telegram Channel to maintain the latest state for news reports

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

Why I am still optimistic despite noise

June 26, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

SEC filings mentioning Bitcoin hit an all-time high last month.

December 6, 2023

The TRUMP token has recovered from a severe downturn following Donald Trump’s conviction.

June 2, 2024

Bitcoin Price Soars and Plunges After Fake SEC Spot Bitcoin ​ETF Approval

January 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.