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Abu Dhabi’s Mubadala invests $2 billion in Binance, acquires minority stake
2025-03-12 22:35
BlockBeats News, March 12, cryptocurrency exchange Binance and Abu Dhabi-based AI and advanced technology investor MGX announced a $2 billion investment deal, marking Binance's first institutional investment to date.
This is the largest single investment in a cryptocurrency company and the largest ever investment in cryptocurrency (stablecoin) to date. Reportedly, this investment represents MGX's first foray into the cryptocurrency and blockchain field, acquiring a minority stake in Binance.
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2025-03-13
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