Binance announced that Abu Dhabi-based AI and tech investor MGX has invested $2 billion into the company, with the entire amount being paid in stablecoins. This investment marks Binance's first institutional funding and is noted as the largest single investment in any crypto firm to date. The deal was announced on March 12, 2025. This significant investment reflects growing institutional interest in the cryptocurrency market and supports Binance's position as the world's largest cryptocurrency exchange. The news comes alongside other developments in the crypto space, such as the recent expansion of Japanese investment firm Metaplanet Inc.'s Bitcoin treasury and Coinbase's re-entry into the Indian digital assets market.
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