The Abu Dhabi investment company has invested MGX $ 2 billion in the exchange of cryptocurrencies, which is likely to be one of the largest financing deals in the history of industry.
On March 12 advertisementBings said that the treatment was the first institutional investment on the cryptocurrency. Once you are finished, the deal will be fully funded by stablecoins.
Binance rejected Cointelegraph request to reveal what Stablecoin has been used in the treatment.
The deal represents the first MGX battle in the cryptocurrency sector. The investment company has photographed a position in emerging technology, focusing on clean and energy databases and AI.
source: Binance
By investing in Binance, MGX wants to “enable innovation at the intelligence intersection of artificial intelligence, Blockchain technology and financing.”
Binance is the largest encryption exchange in the world based on users and daily transactions. The company claims to have more than 260 million registered users.
According to Coinmarketcap, there are 466 cryptocurrencies currently available on Binance. As Cointelegraph recently reported, the Stock Exchange is studying quality control changes in its listing process after the altcoins explosion last year.
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Financing investment capital in height
2025 is formed to be a strong year for encrypted investment capital deals. In February, 137 Checker companies raised a cumulative amount of $ 1.11 billion, according to data from the tie.
After raising $ 13.6 billion in 2024, the encryption companies are expected to raise more than $ 18 billion this year, according to Pitchbook.
Much of this growth is associated with positive organizational developments in the United States and expects more convenient financing conditions.
“With our entry into a supportive Macro environment driven by American incentive policies and the formal character of the regulatory frameworks of encryption, these total winds are scheduled to pay for VC's overall investments heading to 2025.”
The US -to -year purchasing manager index, which has long been a reliable indicator of the work course, has become positive for the first time in more than two years. source: Trading economics
So far this year, the total environment was not far from supporting, as trade war tensions and recession fears have led to a significant decrease in asset prices. However, the conditions are expected to improve in the coming months, as the work cycle and the flow of global liquidity screws are accelerating in the origins of risk.
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