UAE-based artificial intelligence fund MGX has announced it will be investing $2 billion in the world’s largest cryptocurrency exchange Binance. According to MGX, this will be:
- “The single largest investment into a crypto company.”
- “The largest investment paid in crypto (stablecoin).”
- “The first institutional investment in Binance.”
In a statement last
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day