Abu Dhabi’s MGX is making a record $2 billion bet on Binance

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto
Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United Arab Emirates.
Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX
Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,
Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance
Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.
Abu Dhabi-backed investor buys into Binance with $2bn of crypto
Abu Dhabi-backed investment group MGX has made a $2bn cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world’s largest
Binance Secures $2 Billion as Abu Dhabi-based MGX Joins as First Institutional Investor
Binance just landed a massive $2 billion investment from Abu Dhabi-based MGX, marking a major milestone for the world’s largest crypto
(PR) MGX BACKS BINANCE IN LANDMARK INVESTMENT
Binance, the world's largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date,
Alpha Data, A Leading Digital Transformation Provider In The UAE, On Tuesday Rose 6.667% On Debut
Alpha Data, a leading digital transformation provider and systems integrator in the UAE, on Tuesday rose 6.667 per cent on ...
Devdiscourse3d
Emirates Driving Company Announces 34% Dividend Payout for 2024
Emirates Driving Company, listed on the Abu Dhabi Securities Exchange, has announced a 34% dividend payout for 2024, ...
Emirates News Agency on MSN5d
Abu Dhabi Securities Exchange welcomes Alpha Data’s listing
The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, today welcomed the successful ...
UAE crypto bet is a new twist on AI infrastructure
Abu Dhabi’s burgeoning obsession with artificial intelligence just took something of a detour. The richest of the United Arab ...
ZAWYA5d
EFG Hermes completes advisory on $163mln IPO of Alpha Data on the Abu Dhabi Securities Exchange
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced ...
Emirates News Agency on MSN3d
Emirates Driving Company distributes 34 per cent cash dividend for 2024
Emirates Driving Company, listed on the Abu Dhabi Securities Exchange (ADX), announced that its General Assembly, convened on ...
Trade Arabia5d
Alpha Data completes Abu Dhabi Securities Exchange listing
The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, today (March 11) welcomed the ...
ZAWYA5d
Abu Dhabi Securities Exchange welcomes Alpha Data’s listing, first UAE IPO of 2025
The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, today welcomed the successful ...
TechBullion5d
Hasnae Taleb Becomes First Female Trader to Ring the Bell at ADX for Gender Equality
In a landmark moment for gender equality in finance, Hasnae Taleb, a globally recognized multi-award winning trader, investor ...