Binance Secures Record-Breaking $2 Billion Investment from Abu Dhabi-Based MGX

In a groundbreaking development for the cryptocurrency sector, Binance, the world's largest digital asset exchange by trading volume, has secured a record-breaking $2 billion investment from Abu Dhabi-based technology powerhouse MGX.

Abu Dhabi-based technology investment firm MGX has made a record-breaking $2 billion investment in Binance, the world’s largest cryptocurrency exchange by trading volume, marking the first institutional funding for Binance and the largest capital injection ever into a cryptocurrency firm.

This investment will see MGX, known for its focus on advanced technologies like artificial intelligence (AI), enter the blockchain and digital finance sectors with a minority stake in Binance. The move aims to accelerate innovation in the digital and new technologies space.

MGX, which also invests in software, semiconductors, infrastructure, life sciences, and physical AI, is known for driving large-scale technological transformation through strategic partnerships and targeted investments. This investment aligns with MGX’s broader mission to expand the impact of distributed ledger technology across industries and foster global financial evolution.

Binance is a dominant player in the crypto industry, and the investment will help unlock the potential of blockchain technology at the intersection of AI, finance, and digital assets.

Binance’s $2 billion funding comes amid surging interest from institutions in digital assets. By the end of February 2025, institutions, corporations, and governments collectively held nearly 15% of Bitcoin’s total supply—an all-time high of 3.09 million BTC, according to Bitcoin Treasuries.

Moreover, total inflows into Bitcoin exchange-traded funds and trusts have surpassed $106 billion as of March 14, 2025.

However, even within this climate of growing institutional adoption, MGX’s investment dwarfs recent funding rounds in the crypto space. In February 2025, venture capitalists injected $1.11 billion into 137 cryptocurrency firms, with the largest single deal—Strix Leviathan’s $79.95 million raise—paling in comparison to Binance’s historic funding.

This latest investment underscores the sheer scale and confidence behind Binance’s future trajectory.

Highlighting the significance of this capital injection, Ahmed Yahia, Managing Director and CEO of , expressed, “We are pleased to announce a strategic investment in Binance, a leading cryptocurrency exchange. This investment will see MGX enter the blockchain and digital finance sectors.”

He further explained the rationale behind the investment, stating, “This investment is a testament to our commitment to advancing technologies that will shape the future of finance. As institutional adoption of cryptocurrency accelerates, the demand for secure, compliant, and scalable blockchain infrastructure has never been greater.”

Yahia continued by praising Binance’s contributions to the cryptocurrency industry. “Binance has long been at the forefront of cryptocurrency innovation, from its exchange technology to its offerings in tokenization, staking, and payments. Together, we are dedicated to building a more robust and inclusive digital financial ecosystem.”

Also commenting on this milestone moment, Richard Teng, CEO of Binance and former CEO of the Abu Dhabi Financial Services Regulatory Authority (FSRA), stated, “We are delighted to welcome MGX as an investor in Binance. This investment marks a significant moment not only for both of our companies but also for the broader digital asset industry.”

Elaborating on the strategic partnership, Teng highlighted the synergy between both firms' visions. He added, “MGX’s technological expertise and investment acumen in AI, together with Binance’s leadership in cryptocurrency exchange technology and services, will be instrumental in pushing the boundaries of what’s possible at the intersection of these domains.”

He further noted, “Together, we are shaping the future of digital finance. Our mission is to build a more inclusive and sustainable ecosystem with a strong emphasis on compliance, security, and user protection.”

Moreover, Teng expressed Binance’s commitment to working closely with regulators worldwide to ensure the crypto industry operates with transparency and responsibility.

“Binance continues to invest heavily in these areas, and we are fully engaged with regulators in all of the key markets where we operate. This investment by MGX is a testament to the strength of Binance’s brand, the resilience of the cryptocurrency industry, and the potential of digital assets to drive the next wave of financial innovation,” he concluded.

According to Binance’s press release, Teng has been instrumental in establishing one of the world’s first digital asset regulatory frameworks during his tenure at the FSRA.

Binance is currently the largest cryptocurrency exchange globally, boasting over 260 million registered users from more than 100 countries and a daily trading volume of nearly $19 billion in spot trades and over $58 billion in derivatives trades, according to the latest data from CoinMarketCap.

In addition to its core exchange platform, Binance offers a comprehensive suite of products and services, including financial solutions, payments, educational resources, institutional services, Web3 innovations, research initiatives, and social impact programs.

The Southeast Asian nation is also a pivotal market for Binance’s growth plans.

Positioned as a Gulf powerhouse in technological advancements, the UAE has been actively expanding its presence in the new technology sector.

Earlier this year, Harvest Technology Capital