○ The largest single investment in crypto companies to date

○ The largest investment in history paid in cryptocurrency (stablecoins)

○ Binance accepts institutional investment for the first time

New York - Abu Dhabi, March 12, 2025 - Binance, the world's largest cryptocurrency exchange, and MGX, an investor in artificial intelligence and advanced technology in Abu Dhabi, announced an iconic $2 billion investment. The investment is the first institutional investment accepted by Binance to date, marking an important step forward in promoting digital asset adoption and strengthening the role of blockchain in global finance. This is not only the largest single investment in a crypto company, but also the largest investment ever paid in cryptocurrency (stablecoin).

This investment shows the first entry into the cryptocurrency and blockchain space by gaining a minority stake in Binance as part of its broader strategy to support the transformative impact of blockchain on society. By working with industry leaders, MGX aims to promote the integration of artificial intelligence, blockchain technology and finance.

Binance has an important influence in the UAE. This is known for its innovative, advanced cryptocurrency regulation and a clear digital asset framework. Today, Binance employs about 1,000 people in the UAE, accounting for a large part of its more than 5,000 employees worldwide. As the world's safest, most licensed and most trusted cryptocurrency exchange, Binance is far ahead in the industry, with trading volume exceeding the combined number of subsequent cryptocurrency exchanges, with more than 260 million registered users worldwide, and cumulative trading volume exceeding US$100 trillion. The investment cements Binance’s position at the forefront of the crypto revolution, while also highlighting MGX’s commitment to push artificial intelligence-driven blockchain solutions, decentralized finance (DeFi) and tokenized digital economy.

Ahmed Yahia, managing director and CEO of MGX, said: "MGX's investment in Binance reflects our commitment to driving the potential for change in blockchain in digital finance. With the acceleration of institutional adoption, there is unprecedented demand for secure, compliant and scalable blockchain infrastructure and solutions. Binance has long been a driving force for cryptocurrency innovation, from exchange technology and tokenization to staking and payment. Together, we are committed to building aA more inclusive and sound digital finance ecosystem. ”

Binance CEO Richard Teng added: “This investment from MGX is an important milestone for the crypto industry and Binance. Together, we are shaping the future of digital finance. Our goal is to build a more inclusive and sustainable ecosystem with a focus on compliance, security and user protection. Binance is always committed to working with regulators around the world to assist in the development of a transparent, responsible and forward-looking crypto industry. Our ongoing investment in security and compliance also reinforces our mission to promote a secure and trusted digital finance ecosystem. ”

Richard Teng, previously served as CEO of the world's leading Financial Services Regulatory Authority in Abu Dhabi, played a key role in launching one of the world's first cryptocurrency regulatory frameworks, making him a significant managerial role in Binance's regulatory strategy.

About MGX

MGX is a technology investment company focusing on accelerating the development and adoption of artificial intelligence and advanced technologies by establishing world-leading partnerships in the United Arab Emirates and the world. MGX invests in areas where AI can provide value and economic impact at scale, including semiconductors, infrastructure, software, technology-enabled services, life sciences and physics AI.

About Binance

Binance is the world's leading blockchain ecosystem and the largest cryptocurrency exchange with transaction volume and registered users in the world. Binance is trusted by more than 260 million people in more than 100/regions for its industry-leading security, transparency, trading engine speed, protection of investors and an unparalleled portfolio of digital asset products and services, from transactions and finance to education, research, social welfare, payments, institutional services and Web3 capabilities. Binance is committed to building an inclusive crypto ecosystem to increase monetary freedom and financial opportunities for people around the world to use encryption as the basic means. For more information, please visit the official website https://www.binance.com.

MGX Company

communications@mgx.ae

Binance

PR@binance.com