Abu Dhabi’s Mubadala Invests US$2 Billion in Crypto Giant

In a statement, Ahmed Yahya, the administrative director and executive director of MGX, condemned the strong company in Blockchain’s transformational capabilities. He explained: “Our investments in Binance,” a direct expression of our dedication to enhancing our ability to redefine financial frameworks. “Given that the prevailing institutions increase the adoption of digital currencies, the demand for safe, compatible and developmental infrastructure has shown a fixed leadership in creating cryptocurrency, and we expect that enhancing our cooperation in the comprehensive financial system and flexibility.

Richard Ting, CEO of Binance, described the investment as a pivotal moment for the encrypted currency sector. He referred to the “investment”, which represents “a great turn for both industry and construction. Our joint efforts focus on shaping the future of digital financing. We are determined to create a safe and fair system, and we are still committed to cooperation with the organizational authorities to develop transparent standards responsible for digital currencies. He also emphasized that his previous experience as head of the Financial Services Authority in Abu Dhabi provides an invaluable organizational view on Binance, which enhances the stock market dedication to compliance and security.