Browsing: Abu Dhabi

MGX, an investment group backed by Abu Dhabi, has made a substantial $2 billion investment in Binance, marking a significant move in the crypto industry. This further cements the relationship between the world’s largest crypto exchange and the United Arab Emirates.

Cryptocurrency exchange Binance announced it has received a significant $2 billion investment from Abu Dhabi-based investment group MGX.

Further Ventures, the venture capital firm backed by Abu Dhabi’s ADQ, leads a $16 million investment in Dfns, a Paris-based crypto wallet technology firm.