MGX invests record $2 billion in Binance

Ahmed Yahia, Managing Director and CEO of MGX, said that MGX's investment in Binance reflects their commitment to advancing the transformative potential of blockchain in the digital financial sector. He stressed that as institutional adoption increases, there is an increasing demand for secure, compliant and scalable blockchain infrastructure and solutions. Binance has been a driving force for innovation in cryptocurrencies, ranging from exchange technology and tokenization to staking and payments. MGX and Binance will work together to build a more inclusive and robust digital financial ecosystem.

Binance CEO Richard Teng called MGX's investment an important milestone for the cryptocurrency industry and Binance. Their goal is to build a more inclusive and sustainable ecosystem with a focus on compliance, security and user protection. Binance continues to work with global regulators to develop transparent, responsible and forward-looking policies for the cryptocurrency industry.

Richard Teng previously served as CEO of the world-renowned Abu Dhabi Financial Services Authority, playing a key role in launching one of the world's first cryptocurrency regulatory frameworks. His leadership has been instrumental in Binance's regulatory strategy.

Ahmed Yahia, Managing Director and CEO of MGX, said that MGX's investment in Binance reflects their commitment to advancing the transformative potential of blockchain in the digital financial sector. He stressed that as institutional adoption increases, there is an increasing demand for secure, compliant and scalable blockchain infrastructure and solutions. Binance has been a driving force for innovation in cryptocurrencies, ranging from exchange technology and tokenization to staking and payments. MGX and Binance will work together to build a more inclusive and robust digital financial ecosystem.

Binance CEO Richard Teng called MGX's investment an important milestone for the cryptocurrency industry and Binance. Their goal is to build a more inclusive and sustainable ecosystem with a focus on compliance, security and user protection. Binance continues to work with global regulators to develop transparent, responsible and forward-looking policies for the cryptocurrency industry.

Richard Teng previously served as CEO of the world-renowned Abu Dhabi Financial Services Authority, playing a key role in launching one of the world's first cryptocurrency regulatory frameworks. His leadership has been instrumental in Binance's regulatory strategy.