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Cryptocurrency News Articles

In a Landmark Deal, MGX Injects $2 Billion into Binance

Mar 13, 2025 at 07:46 pm

In a landmark deal, Binance and Abu Dhabi-based investment firm MGX announced yesterday that MGX has injected a whopping $2 billion

In a Landmark Deal, MGX Injects $2 Billion into Binance

In a move that's sure to send ripples through the crypto industry, Abu Dhabi-based investment firm MGX has announced a massive $2 billion investment in Binance, the world's leading crypto exchange.

This isn't just any investment—it's a triple milestone. It marks the largest investment in a crypto company, the biggest deal ever paid entirely in crypto and stablecoins, and Binance's first-ever institutional backing.

For MGX, this partnership signals not only confidence in Binance but also a growing institutional appetite for the future of digital assets.

"We are proud to be making this significant investment in Binance, a company that shares our vision for the future of finance," said an MGX spokesperson in a statement on Wednesday. "As the world's leading cryptocurrency exchange, Binance is uniquely positioned to drive the adoption of digital assets on a global scale."

This investment also helps MGX secure a minority stake in Binance. However, the exact percentage of this stake has not been publicly disclosed.

Following the announcement of MGX's investment, Binance's native token, $BNB, experienced a 3% increase, reaching $574, before retracting to $550. Since the release of the joint statement, $BNB has climbed and breached the $580 mark as of today.

3 Meme Coins to Watch Before They Hit Big Time in Exchanges

While most of the crypto market is in the red at the moment, the record investment by an institution in a major exchange like Binance is good news for the industry over the long term. This signals confidence in the future of cryptocurrencies and their potential to transform finance for good.

If you’re looking for new crypto projects that are yet to hit DEXs and CEXs, here are three of the hottest presales worth checking out:

1. MIND of Pepe ($MIND)

The crypto ecosystem is complex and fragmented, making it difficult to come up with quick investment decisions and find valuable trends. MIND of Pepe ($MIND) wants to change that with the first meme-coin brand with an advanced, self-sovereign AI agent.

Once developed, the AI agent will use hive-mind analysis that will convert complex data into actionable insights. The agent will also constantly evolve to influence trends and identify exciting opportunities.

Only holders of its native $MIND token will have access to the MIND of Pepe’s insights. To join, one only needs to buy tokens at the project’s presale page. The project has already attracted a lot of attention, helping it raise over $7.2M to date.

Currently priced at $0.0034955, $MIND is due for another price increase soon, so it’s best to grab tokens now at this price. Once $MIND launches on CEXs and DEXs, we expect its value to increase even more.

To buy $MIND, go to its presale page, connect your crypto wallet, and purchase tokens with your crypto or fiat. For more information on how to buy the token, you can check out our step-by-step $MIND buying guide.

2. Meme Index ($MEMEX)

Meme Index ($MEMEX) is an exciting project designed to simplify meme coin investing by offering a diversified index tailored to different risk profiles.

This allows investors to gain exposure to the meme coin market without the hassle of managing individual tokens, making it a smarter and more strategic way to invest in the volatile world of meme coins.

There’s the Titan Index, which contains some of the best meme coins with market caps over $1B, like $DOGE and $SHIB. It’s ideal for investors who want to invest in tried-and-tested coins.

Next is the Moonshot Index. This features coins on the brink of hitting the top 10, including those with a strong possibility of being listed on Tier 1 exchanges.

Investors who want to take in a bit more risk can invest in the MidCap index. Coins here are more volatile than the previous 2 indexes and have market caps between $50M and $250M.

Finally, more adventurous degens can go with the Frenzy Index. This contains high-risk, high-reward tokens that are fresh and with a lot of potential.

$MEMEX is the project’s native coin, which lets holders invest in one or all four indexes. While the token will eventually become available in exchanges, you can still get it at a steep discount in its ongoing presale. The project has already raised over $4M, making it one of the best presales in 2025.

$MEMEX costs $0.0166883 as of press time, with a price increase due in less than three weeks. You can buy it today with $ETH, $USDT, and fiat on the Meme Index presale page.

3. Bitcoin Pepe ($B

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Other articles published on Mar 14, 2025