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      Binance's Logo

      Binance - Undisclosed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      March 12, 2025

      Financing amount

      $2B

      Valuation

      --

      Category

      CeFi

      Subcategory

      Exchange

      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

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United Arab Emirates 2024 1 --

      Founders & Team

      Changpeng Zhao's Logo

      Changpeng Zhao

      Yi He's Logo

      Yi He

      Company Profile / Project Introduction

      Binance was founded in 2017 by Changpeng Zhao and Yi He.

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      *Fundraising Announcement: Click here