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.
In the volatile world of cryptocurrency, investor psychology is one of the most powerful forces behind price movement.
Bank of England Governor Andrew Bailey has voiced strong concerns about the rising push for stablecoin adoption, calling on banks to steer clear of issuing their own digital currencies.
The Czech National Bank (CNB) has entered the crypto sector with a $18 million investment in Coinbase, purchasing 51,732 shares in Q2 2025, according to a U.S. SEC filing.
From groundbreaking Ethereum developments to record-breaking DeFi activity and major protocol updates, the crypto industry saw a flurry of important announcements this past week.