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Groundbreaking Partnership: Binance Secures $2 Billion from Abu Dhabi’s AI Giant to Revolutionize Digital Finance

Groundbreaking Partnership: Binance Secures $2 Billion from Abu Dhabi’s AI Giant to Revolutionize Digital Finance

12 March 2025
Binance secured a $2 billion investment from Abu Dhabi-based MGX, enhancing its capacity in AI, blockchain, and finance. The investment occurs amid Binance’s regulatory challenges, following a $4.3 billion penalty from the U.S. Department of Justice for compliance violations. Leadership at Binance has shifted, with Richard Teng taking over from founder Changpeng Zhao, signaling a focus on regulatory alignment. MGX,

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