Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange's first institutional investment and the "single largest ...

Founded in 2017 by Changpeng “CZ” Zhao, Binance has become one of the largest crypto asset exchanges in the market, providing a wide variety of software products and services for buying and ...

In 2023, Binance and Zhao pleaded guilty to financial crimes including money laundering, sanctions violations, and unlicensed operations. Zhao served a four-month sentence and stepped down as CEO ...

Abu Dhabi's MGX to become minority shareholder in Binance $2 bln investment was made in stablecoin, not dollars Binance deepens ties with Abu Dhabi DUBAI, March 12 (Reuters) - Abu Dhabi-backed ...

After securing a $10M market cap on Solana , OmegaX Health is now expanding to Binance Smart Chain (BSC) , a move that will ...

Cryptocurrency exchange (CEX) listings have smashed expectations, outperforming traditional stock IPOs by a wide margin. Over the past 180 ...

NEW YORK and ABU DHABI, UAE, March 12, 2025 /PRNewswire/ -- Binance, the world's largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a ...

The richest of the United Arab Emirates said on Wednesday that its MGX investment vehicle was paying, opens new tab $2 billion to acquire a minority stake in cryptocurrency exchange Binance.

FILE PHOTO: Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo ...

DUBAI (Reuters) -Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest ...