Key Points
- This is also the first institutional investment in Binance.
- The $2 billion transaction is the largest investment ever paid in crypto (stablecoins).
Binance announced an important milestone for the company and the entire crypto industry.
MGX, an Abu Dhabi-based AI and advanced technology investor has invested $2 billion in the world’s largest crypto exchange.
An Important Milestone for Binance and Crypto
This move marks a remarkable landmark for both Binance and the entire crypto ecosystem due to the following reasons:
- It’s the biggest investment in a crypto company so far.
- This is the first institutional investment into Binance.
- It’s also the largest investment ever paid in crypto, in this case, stablecoins.
This is huge news for the crypto industry, showing increased crypto adoption and support, and highlighting Binance’s globally recognized value.
We are excited to announce the first-ever institutional investment in Binance by @mgx_ai.
This is a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance.
The $2B investment is also the single largest investment into a crypto… pic.twitter.com/fjZQBqSyC4
— Binance (@binance) March 12, 2025
MGX Enters the Crypto and Blockchain Sector
Binance revealed in its official announcement that this move highlights MGX’s entry in the crypto and blockchain sector, and secures a minority stake in Binance.
This is reportedly the company’s first step to support the blockchain’s disrupting potential and multiple benefits to society.
By teaming up with Binance, MGX plans to foster innovative technologies fuelled by the blending of AI, blockchain, and finance.
This new investment highlights MGX’s commitment to enable:
- AI-powered blockchain solutions
- DeFi strategies
- Tokenized digital economy applications
The Managing Director and CEO at MGX, Ahmed Yahia, said that the firm’s investment in Binance reflects the team’s commitment to advancing the transformative potential of blockchain technology.
He highlighted that as institutional adoption accelerates in the crypto industry, there’s a strong need for secure, compliant, and scalable blockchain infrastructure and Binance can provide reliable services in these directions.
Yahia also mentioned Binance’s top-notch exchange technology, tokenization, staking, and payment services, highlighting that the exchange has been a “driving force in crypto innovation.”
MGX and Binance – A Common Goal to Shape Digital Finance’s Future
Binance’s CEO, Richard Teng, also highlighted the importance of MGX’s investment in the crypto company, sharing their common goal to shape the future of digital finance, and build a more inclusive and sustainable ecosystem with a focus on:
- Compliance
- Security
- User protection
Binance’s Presence in UAE and Beyond
So far, Binance established its innovative culture in the UAE, a region that became popular for its technology innovations, forward crypto regulations, and clearer framework for digital assets.
According to the crypto exchange’s notes, Binance has 20% of its workforce already working in the UAE. Approximately 1,000 of Binance’s global workforce totaling over 5,000 people are currently in the region.
This new investment marks a record for Binance and comes following multiple achievements that the exchange accomplished since its 2017 debut.
The crypto exchange surpassed 260 million registered users and $100 trillion in cumulative trading volume.
Recently, Binance published a 2024 year-end report that highlighted the exchange’s most important milestones from the past year.
Teng said in the official announcement that Binance remains committed to working with regulators and establishing transparent, responsible, and innovative policies for the entire industry.
