MGX, a state-backed Abu Dhabi fund, told Forbes it chose the Trump-linked USD1 stablecoin to settle its $2 billion investment in Binance based on factors such as business suitability, the currency of ...
Binance said on Wednesday that United Arab Emirates state-backed investor MGX has acquired a minority stake in the world’s largest crypto exchange for $2 billion. The transaction was paid for in ...
President Trump on Thursday signed an executive order setting in motion the sale of TikTok’s US business to a group of American and international investors.
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Abu Dhabi’s MGX Joins US$6.6 Billion Share Sale Of OpenAI, Now The World’s Most Valuable Privately Held Company
has participated in a US$6.6 billion secondary share sale in OpenAI , setting the ChatGPT maker’s valuation at about US$500 billion. Bloomberg was the first to report the transaction’s completion. In ...
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Oracle, Silver Lake, MGX Line Up As Key TikTok US Investors Ahead Of Trump’s Executive Order: Report
Oracle, Silver Lake, and MGX are reportedly set to become the primary investors in TikTok’s U.S. operations, in a deal designed to address U.S. national security concerns over the Chinese-owned social ...
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