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Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins

Decrypt LogoDecrypt12h ago

Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins - Decrypt

Quick Summary:

Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.

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Editor's note: This story is breaking and will be updated with additional detail.

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 14:56:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 20 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 26922244

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 21 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins" has 137 words across 20 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins" was covered 12 hours ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 3 news stories per day.

It's most recent story was published 21 hours ago.

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  • News ID: #26922244
  • URL: https://chronographically.beamstart.com/news/binance-secures-2-billion-investment-1741791892441

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