The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on ...

An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest ...

Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates ...

Abu Dhabi’s burgeoning obsession with artificial intelligence just took something of a detour. The richest of the United Arab ...

The Trump family has allegedly been discussing a possible investment in the crypto exchange Binance—a deal that, especially ...

DUBAI: United Arab Emirates-based fund MGX has invested $2 billion to take a minority stake in cryptocurrency exchange ...

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, deepening ties between the world's largest crypto exchange and the United Arab Emirates.

The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.

It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.

Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in ...

Binance secures a $2 billion investment from Abu Dhabi-based MGX, reinforcing its position in the digital asset market.