MGX has made a major move in the global crypto market by investing $2 billion in Binance, marking one of the largest institutional investments in the digital-assets industry to date.
Through this deal, MGX has acquired a minority stake in Binance using stablecoins, a method seen as a step toward enhancing transparency and stability in the crypto ecosystem. The investment is expected to significantly support the UAE’s ambition to become a leading hub for blockchain and digital finance.
Industry analysts describe this partnership as a milestone moment, highlighting rising institutional confidence in crypto markets. For Binance, the investment strengthens its efforts in global compliance, security upgrades, and regional expansion, especially within the Middle East.
Experts believe this landmark deal could accelerate innovation across the region and further solidify the UAE’s position as a central player in the future of cryptocurrency.