JUST IN! Binance Announces First and Largest Institutional Investment of $2 Billion!

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.”