The first institutional investment was made in Binance, the world’s largest cryptocurrency exchange.
Accordingly, Binance announced that it received a significant investment of $2 billion from Abu Dhabi-based artificial intelligence and advanced technology investor MGX.
“The $2 billion investment in Binance;
Largest investment in a crypto company
The largest investment ever paid in crypto (stablecoin)
And it was Binance’s first institutional investment.”
“MGX’s investment is a significant milestone for the crypto industry and Binance,” said Richard Teng, CEO of Binance. “Together, we are shaping the future of digital finance. Our goal is to create a more inclusive and sustainable ecosystem with a strong focus on compliance, security, and user protection. Binance is committed to working with regulators around the world to create transparent, responsible, and forward-thinking policies for the crypto industry. Our continued investments in security and compliance strengthen our mission to support a safe and reliable digital financial ecosystem.”
https://twitter.com/binance/status/1899830484911194206?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
Continue Reading: JUST IN! Binance Announces First and Largest Institutional Investment of $2 Billion!
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Author: NixCoin
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