Abu Dhabi MGX Invests $2B in Binance event

Event · PageRank 0.0008

Also known as: MGX Binance, Abu Dhabi Binance deal

Overview

In March 2025, Abu Dhabi-based investment firm MGX announced a $2 billion investment in Binance for a minority stake — Binance's first institutional funding round in its roughly eight-year history and the largest single investment in a crypto company to date. The entire amount was settled in stablecoins, specifically USD1, the dollar stablecoin associated with World Liberty Financial. MGX later said it chose USD1 based on business suitability, the currency of the backing assets and compliance history, a rationale that drew scrutiny because the stablecoin was newly launched and linked to the Trump family. Binance said the capital would support work on artificial intelligence, blockchain integration and compliance.

Within the DeFi Intel graph, Abu Dhabi MGX Invests $2B in Binance connects to 1 tracked entity, most strongly to United Arab Emirates.

Relations

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Frequently asked questions

How much did MGX invest in Binance and when?

$2 billion, announced in March 2025, in exchange for a minority stake.

Why was the deal notable?

It was Binance's first institutional investment round and the largest financing ever in a crypto company, and it was settled entirely in stablecoins rather than fiat.

Which stablecoin was used?

USD1, the dollar stablecoin associated with World Liberty Financial. MGX said it chose USD1 on grounds including business suitability, the currency of backing assets and compliance history, which drew scrutiny given how new the token was.