The first institutional investment was made in Binance, the world's largest cryptocurrency exchange.
Accordingly, Binance announced that it received a significant investment of $2 billion from Abu Dhabi-based artificial intelligence and advanced technology investor MGX.
“The $2 billion investment in Binance;
Largest investment in a crypto company
The largest investment ever paid in crypto (stablecoin)
And it was Binance's first institutional investment.”
“MGX’s investment is a significant milestone for the crypto industry and Binance,” said Richard Teng, CEO of Binance. “Together, we are shaping the future of digital finance. Our goal is to create a more inclusive and sustainable ecosystem with a strong focus on compliance, security, and user protection. Binance is committed to working with regulators around the world to create transparent, responsible, and forward-thinking policies for the crypto industry. Our continued investments in security and compliance strengthen our mission to support a safe and reliable digital financial ecosystem.”
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
