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Binance - Undisclosed
Overview
About Binance - Undisclosed
Binance, the world's largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain's role in global finance. It is also the single largest investment into a crypto company and the largest investment ever paid in crypto (stablecoin).
This investment represents MGX's first entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain's transformative impact on society. By partnering with the leading industry player, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United Arab Emirates | 2024 | 1 | -- |
Founders & Team

Changpeng Zhao

Yi He
Company Profile / Project Introduction
Binance was founded in 2017 by Changpeng Zhao and Yi He.