This deal is the first institutional investment in Binance and the largest single investment ever made in a crypto company, setting a new benchmark for the industry.
Even more groundbreaking, the entire transaction was paid in stablecoin, making it the largest investment ever completed using crypto. Let’s discover more about this important news for Binance.
A Strategic Partnership for Blockchain and AI
This investment marks MGX’s first step into the blockchain sector. By securing a minority stake in Binance, MGX is betting on the future of blockchain and its ability to reshape finance. The partnership aims to drive innovation where AI, blockchain, and finance intersect, setting the stage for long-term growth.
Binance has already made a strong mark in the United Arab Emirates, a country recognized for its progressive stance on cryptocurrency regulation. The exchange employs around 1,000 people in the UAE, part of its global workforce of 5,000. With this investment, Binance is reinforcing its leadership position in the crypto space, staying miles ahead of the competition.
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
MGX’s CEO, Ahmed Yahia, emphasized the importance of secure and scalable blockchain solutions. “Our investment in Binance reflects our commitment to advancing blockchain’s transformative potential for digital finance,” Yahia said. He highlighted Binance’s contributions to exchange technology, tokenization, staking, and payments as key factors in MGX’s decision to invest.
More About Binance
Binance P2P is rolling out big changes to make life easier for its merchants. The platform has revamped the badge designs for Bronze, Silver, and Gold merchants, making them more visible to users. Silver and Gold merchants can now post even more ads, giving them greater flexibility in trading.
Our P2P Merchant Program just got a major upgrade!
Unlock even more exclusive perks and take your business to the next level!
Learn more
https://t.co/hZQZLcoSQn pic.twitter.com/PVxF4kgYJy
— Binance (@binance) March 12, 2025
On top of that, Binance has introduced an automated security deposit top-up feature, ensuring smoother transactions without manual hassles. These updates show Binance’s continued effort to enhance the P2P merchant experience and keep things running seamlessly.
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