Binance obtains an investment of $ 2,000m

• Binance has obtained a huge investment of 2 billion dollars from MGX, a sovereign background of wealth based in Abu Dhabi.
• The investment is the first institutional agreement of Binance since Changpeng Zhao founded it in 2017.

Binance, the largest cryptocurrency exchange platform in the world by volume of operations, has obtained an investment of 2 billion dollars from MGX, a sovereign fund with headquarters in Abu Dabi.

Announced On March 12, 2025, the agreement implies that MGX will acquire a minority participation in Binance. This investment is MGX’s largest investment, based in Abu Dhabi, in a cryptocurrency company.

It is also the first institutional investment that Binance has closed since its foundation in 2017.

What they said

In a comment, the executive director of Binance, Richard Teng, said:

«This MGX investment is a significant milestone for the cryptocurrency industry and for binance. Together, we are shaping the future of digital finances. Our goal is to build a more inclusive and sustainable ecosystem, with a strong focus on regulatory compliance, user security and protection. Binance maintains its commitment to collaborate with regulatory agencies around the world to establish transparent, responsible and vision of the future for the cryptocurrency industry. Our continuous investments in safety and regulatory compliance reinforce our mission of promoting a safe and reliable digital financial ecosystem ».

MGX’s investment in Binance occurs a few weeks after the founder and former executive director of the platform, Changpeng Zhao, declared that Binance was not on sale.

However, CZ pointed out that the cryptocurrency giant was open to investment opportunities in the middle of its search for greater growth. Zhao shared the last development through X.

When commenting on the investment, the managing director and CEO of MGX, Ahmed Yahia, declared:

“MGX’s investment in Binance reflects our commitment to advance in the blockchain transformative potential for digital finances. As institutional adoption accelerates, the need for infrastructure and blockchain solutions safe, compatible and scalable has never been greater. Binance has long been a driving force in cryptocurrency innovation, from exchange technology and tokenization to staking and payments. ”

Binance has continued to grow despite the regulatory obstacles that saw him pay $ 4.3 billion to reach an agreement with the US authorities in 2023. The former CEO Zhao also had to resign, finally fulfilling a four -month prison sentence.