MGX invests $ 2 billion in the historic encryption financing deal

MGX has invested two billion dollars in Binance, which is likely to be one of the largest financing deals in the history of industry.

This initiative represents the first entry of the investment company in Abu Dhabi in the sectors of digital assets and blocks, which provides a minority stake in Binance.

A strategic deal to innovate and Blockchain

On March 12 advertisementThe encryption exchange said that the treatment is its first institutional investment, which represents a major step in adopting digital assets. It is also the largest financing deal with Chefir and the largest ever in Stablecoin.

With this initiative, MGX aims to enhance innovation at the intelligence intelligence intersection (AI), Blockchain technology, and financing. This highlighted this administrative director of the company, Ahmed Yahya, this:

“MGX’s investment in Binance reflects our commitment to progress in Blockchain’s transformational capabilities for digital financing. Institutional adoption is accelerated, the need for infrastructure and safe, compatible and larger solution solutions was not greater.”

Binance CEO Richard Ting chanted the feelings, saying:

“This investment by MGX is an important milestone for the encryption industry and for nations. Together, we are the future of digital financing. Our goal is to build a more comprehensive and sustainable environmental system, with a strong focus on compliance, security and user protection.”

Ting, who was previously led by the Organizational Authority for Financial Services in Abu Dhabi, played a major role in forming one of the first organizational frameworks in the world, making his leadership important in the Stock Exchange compliance strategy.

A strong presence in the United Arab Emirates

Binance has a prominent imprint in the United Arab Emirates (United Arab Emirates), a nation known for its gradual approach to digital assets. The stock exchange employs approximately 1,000 of the 5,000 global workforce in the country.

Last year, its affiliate company Dubai obtained the license of the virtual asset service provider (VASP) from the Dubai Virtual Assets Organizational Authority (VARA), allowing it to provide various exchange and trading services in the region. In addition, the Abu Dhabi Platform branch received organizational approval to provide nursery services from the Financial Services Regulatory Authority in Abu Dhabi.

The last development comes as 2025 sees an increase in investment capital financing for encryption. According to the data from TIE, 137 Checks raised $ 1.11 billion in February alone. The decentralized financing sector (Defi) raised approximately $ 176 million in 20 projects, while eight commercial service providers received $ 230.7 million. The startups in security services, payments and artificial intelligence also attracted great funding.

MGX, an investment company that focuses on technology, specializes in accelerating the developments driven by artificial intelligence through multiple industries, including semiconductors, infrastructure and programs.