Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX
Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,
Although CZ is not permitted under the terms of the DOJ settlement to manage the company, in late January he took an advisory role at venture capital outfit Binance Labs, newly rebranded as YZi ...
Binance Labs, the former investment arm of exchange giant Binance, gets a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng "CZ" Zhao being closely involved in ...
Binance Labs is preparing for a rebrand in 2025, following its split from the main exchange. Changpeng Zhao is also set to take a more active role, personally engaging with investment projects in ...
Founded in 2017 by Changpeng “CZ” Zhao, Binance has become one of the largest crypto asset exchanges in the market, providing a wide variety of software products and services for buying and ...
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