It's the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.

Binance Coin gains bullish momentum as price surged 6% today after MGX's $2 billion investments, but there's more behind BNB's uptrend.

Binance has scored a massive $2 billion investment from MGX, an Abu Dhabi-based sovereign wealth fund. The investment is ...