The world’s largest encryption platform in the world is receiving investments worth $ 2 billion from a state -owned investment company that focuses on technology and artificial intelligence (AI).
On a new topic on the social media platform X, Binance Advertise It will benefit from the first institutional investment in the number – which is approximately $ 2 billion from Stablecoins from the MGX wealth fund, which is the largest individual investment in Chefir Company ever.
“MGX, the sovereign wealth fund in Abu Dhabi, invests two billion dollars in Binance for the minority share. The deal will be 100 % in Crypto (Stablecoins), which represents the largest investment transaction that is made in Crypto so far. This is also the first institutional investment that you took. Onwards … building!”
In a modern press release, Binance Notes The investment was the first MGX invasion of digital assets and that the company obtained a share of minorities on the stock exchange “as part of a broader strategy to support the transformational BLOCKCHAIN effect on society.”
The press statement notes that Richard Ting, CEO of Binance, was the CEO of Abu DHABI Financial Services, and “played a major role in starting one of the first regulatory frameworks for encryption in the world.”
In a post on the social media platform X, co -founder of Binance Yi He He said This Binance welcomes investments from sovereign wealth funds, but not financial investors.
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