Binance Secures A $2bn Investment From MGX & UAE Government
Binance recently secured a $2 billion investment from UAE-based MGX, a fund backed by the Mubadala Investment Company and AI firm G42. This means the UAE government now holds a minority stake in Binance. CEO Richard Teng, formerly a regulator in Abu Dhabi, leads the companyβs UAE hub, employing 1,000 people. The investment raises questions […]
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