Binance has secured a record-breaking $2 billion investment from Abu Dhabi’s MGX, marking the largest crypto investment to date and the biggest transaction settled in stablecoins.
This also represents Binance’s first institutional backing, signaling growing mainstream confidence in digital assets.
MGX’s investment secures a minority stake in Binance, aligning with its strategy to drive AI, blockchain, and finance innovation.
CEO Ahmed Yahia emphasized the firm’s commitment to secure and scalable blockchain solutions as institutional adoption accelerates.
Binance, the world’s largest crypto exchange, has a strong UAE presence, employing 1,000 of its 5,000 global staff. With over 260 million users and $100 trillion in cumulative trading volume, it dominates the market.
CEO Richard Teng called the deal a major milestone, reaffirming Binance’s focus on compliance, security, and global regulatory collaboration.
This investment strengthens Binance’s industry leadership while positioning both firms at the forefront of digital finance innovation.
Fabio Panetta, head of the Bank of Italy and former European Central Bank executive, is pushing for the swift rollout of a digital euro, calling it Europe’s best answer to rising crypto risks and global regulatory fragmentation.
Telegram has successfully raised $1.7 billion in a bond offering that drew overwhelming investor interest, exceeding initial targets and signaling strong confidence in the platform’s growth trajectory.
The U.S. Securities and Exchange Commission has officially ended its legal battle with crypto exchange Binance, closing a major chapter in the regulatory crackdown on digital asset platforms.
Circle, the issuer behind the USDC stablecoin, is preparing to go public, and sources say BlackRock is gearing up to take a significant piece of the action—possibly acquiring 10% of the offering.