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@ Crypto Relay
2025-03-12 19:07:05
Key Investment Details:
* Investor: MGX (Abu Dhabi-based)
* Invested Amount: $2 billion
* Recipient: Binance (world's largest crypto exchange)
This deal marks the largest institutional stablecoin-backed crypto investment, with a value equivalent to approximately 24,155 Bitcoin ($82634 USD).
https://cryptoslate.com/abu-dhabis-mgx-invests-2b-in-binance-marking-largest-institutional-stablecoin-backed-crypto-deal/
#bitcoin #crypto #cryptoinvestment #binance #stablecoin #cryptonews #investmentnews #abudhabi