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MGX Invests $2B in Binance in Historic Crypto Funding Deal
In a groundbreaking announcement, MGX has invested a staggering $2 billion in Binance, marking one of the most significant funding deals in the history of the crypto industry. This monumental investment underscores the growing importance of stablecoins in large-scale institutional investments.
The unprecedented deal sees MGX, a technology-focused investment firm specializing in accelerating AI-driven advancements across various sectors, including semiconductors, infrastructure, and software, secure a minority stake in Binance, further solidifying its position as a major player in the crypto space.
Source: https://cryptopotato.com/mgx-invests-2b-in-binance-in-historic-crypto-funding-deal/
