In brief: Binance signs record fundraiser

The crypto giant Binance once again marks the news of its market by reaching a new record. In fact, he has just made the largest fundraiser in the history of the cryptoactive industry, with MGX, an investor from Abu Dhabi, focusing on innovative technologies.

Binance will now be able to count on $2 billion in MGX investments to ensure the development of these offers and its activities.

This record amount is simply the largest investment ever recorded by a cryptocurrency company. It is also the first institutional investment received by Binance; MGX becomes Binance's minority shareholder.

The cryptoactive specialist insists that this new record demonstrates the acceleration of the adoption of digital assets and blockchain on a global financial scale.

Enhanced leadership

This new fundraiser allows Binance to take stock of its activity and to specify that it employs about 1000 people in the United Arab Emirates (out of the 5,000 employees the company counts worldwide). It also has 260 million registered users for its services and a volume of transactions exceeding $20 billion per day.

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