MGX invests $2 billion in Binance
The minority investment was paid in stablecoins and marked Binance’s first institutional backing.
Binance and Abu Dhabi-based investment company MGX announced a $2 billion investment on March 12, 2025. MGX acquired a minority stake in the cryptocurrency exchange, with the transaction paid in stablecoins.
The companies described the deal as Binance’s first institutional investment. MGX framed the partnership around opportunities linking blockchain technology, financial services and AI. Binance’s business spans cryptocurrency trading and related digital-asset services for individuals and institutions.