PANews reported on March 12 that according to the official blog, the crypto exchange Binance announced a $2 billion investment with MGX, an Abu Dhabi-based investment institution. This deal is the first institutional investment Binance has received so far, and it is also the single largest investment in a crypto company and the largest investment paid in cryptocurrency (stablecoin). This investment is MGX's first entry into the cryptocurrency and blockchain field. As part of its broad strategy to support the impact of blockchain on social change, MGX will acquire a minority stake in Binance.