Binance, the world’s largest cryptocurrency exchange, Receives $2B Minority Stake Investment from MGX

March 12, 2025

Binance has received a $2 billion investment from Abu Dhabi-based investment firm MGX, reinforcing the exchange’s institutional backing as the United Arab Emirates strengthens its presence in the digital asset sector. The transaction, executed entirely in stablecoins, marks one of Binance’s most significant funding deals amid ongoing regulatory developments in the crypto industry.

The investment grants MGX a minority stake in Binance, though details regarding governance rights and the specific stablecoin used remain undisclosed. The deal also highlights Binance’s deepening ties with the UAE under CEO Richard Teng, who took over leadership following Changpeng Zhao’s legal settlement in the United States. The UAE continues to position itself as a digital asset hub, with regulatory frameworks designed to attract global crypto enterprises. MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, has previously backed AI-focused ventures, including OpenAI and Elon Musk’s xAI.

This investment arrives as institutional engagement in cryptocurrency expands, coinciding with Bitcoin’s recent surge to record highs. Binance, despite facing regulatory scrutiny, has pursued strategic partnerships and operational transparency to maintain its market position. Over the past year, the exchange has settled U.S. legal cases with a $4.3 billion fine and remains under investigation in France. With the UAE’s increasing role in digital finance, MGX’s backing could provide Binance with further stability as it navigates evolving regulatory landscapes.

About Binance

Binance is one of the world’s largest cryptocurrency exchanges, offering a range of services including spot and futures trading, staking, and decentralized finance (DeFi) solutions. The platform serves millions of users globally, providing liquidity and infrastructure for digital asset markets. Binance continues to expand its operations despite regulatory challenges, focusing on compliance, security, and user protection.

Website: https://www.binance.com

X:  @binance

About Investor MGX

MGX is an investment firm specializing in technology, artificial intelligence, and digital finance. Chaired by Sheikh Tahnoon bin Zayed Al Nahyan, MGX has made strategic investments in companies like OpenAI and xAI, aligning with the UAE’s broader vision of economic diversification and innovation in emerging technologies.

Location: Abu Dhabi, UAE

Website: https://www.mgx.ae/en A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.