Binance announced that MGX, a technology investment firm backed by the government of Abu Dhabi, has purchased a $2 billion minority stake in the world’s largest cryptocurrency exchange. Binance’s ...

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

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

Binance said in a statement posted on its website that it was the first time it had taken institutional investment. The ...

Abu Dhabi Ship Building PJSC (ADSB) has released its financial results for the financial year ended 31 December 2017. The report was accompanied by a statement from the Chief Executive Officer ...

He was succeeded by Richard Teng, a former Singapore Exchange regulator and the ex-CEO of the Abu Dhabi Financial Services Authority. Zhao founded Binance in 2017 and has since that grown it to ...

Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 ...