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Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange’s ...
Binance just landed a massive $2 billion investment from Abu Dhabi-based MGX, marking a major milestone for the world’s largest crypto ...
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(Reuters) - Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of cryptocurrency into the company.
It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.