{"id":17433,"date":"2025-03-12T15:16:55","date_gmt":"2025-03-12T15:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17433"},"modified":"2025-03-12T15:16:55","modified_gmt":"2025-03-12T15:16:55","slug":"binance-gets-2b-investment-from-abu-dhabis-mgx","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17433","title":{"rendered":"Binance Gets $2B Investment From Abu Dhabi&#8217;s MGX"},"content":{"rendered":"<div>\n<p>Crypto exchange giant Binance said on Wednesday that Abu Dhabi-based investment firm MGX invested $2 billion in the company.<\/p>\n<p>The investment marks the first institutional placement in the exchange and it&#8217;s also the first digital asset-focused investment for MGX, according to a <a href=\"https:\/\/coinmarketcap.com\/rankings\/exchanges\/\" target=\"_blank\">press release<\/a>. The investment was made in stablecoins, the statement noted, though it did not specify which currency was used.<\/p>\n<p>Binance is the largest crypto exchange by trading volume in the world with over $20 billion daily volume, CoinMarkatCap data shows. The trading platform already established a presence in Abu Dhabi, employing around 1,000 people in the city, according to the company.<\/p>\n<p>Richard Teng, now the CEO of Binance, previously headed the Abu Dhabi Financial Services Regulatory Authority.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange giant Binance said on Wednesday that Abu Dhabi-based investment firm MGX invested $2 billion in the company. The investment marks the first institutional placement in the exchange and it&#8217;s also the first digital asset-focused investment for MGX, according to a press release. The investment was made in stablecoins, the statement noted, though it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17433","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17433"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17433\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}