The New York Times said MGX in 2025 at the beginning of the year at 75000000000 USD valuation invested Binance 2000000000 USD
BIBIBI
AT A GLANCE
The report stated that MGX plans to invest in Binance an investment of 2000000000 USD, corresponding to a valuation of 75000000000 USD。
Article
The New York Times:Binance in 2025 at the beginning of the year obtained MGX was valued at 75000000000 USD BlockBeats reported that October 4, according to a report by The New York Times, an informed source revealed that the Abu Dhabi investment group MGX in 2025 agreed at the beginning of the year to invest in Binance an investment of 2000000000 USD, valuing Binance at 75000000000 USD。
MGX believes that Binance is an ideal bridge connecting cryptocurrency and artificial intelligence—a high-tech money transfer service that could eventually enable automated artificial intelligence “agents” to make payments on behalf of real users.
Original link https://m.theblockbeats.info/flash/370231
Key points
01
The New York Times reported that the Abu Dhabi investment group MGX in 2025 agreed at the beginning of the year to invest in Binance an investment in 2000000000 USD。
02
The report stated that Binance reached a valuation of 75000000000 USD。
03
The report cited an informed source as saying that MGX believes Binance can connect cryptocurrency and artificial intelligence.
04
The report mentioned that automated artificial intelligence agents may make payments on behalf of real users in the future.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a financing report relayed by BlockBeats from The New York Times. The core information is:MGX is reportedly set to invest in Binance an investment of 2000000000 USD calculated at a 75000000000 USD valuation.
Why it matters to readers
If the information is accurate, this would show that MGX is focused on Binance the potential to connect cryptocurrency with artificial intelligence payments.
A valuation is an investor’s measure of a company’s overall value; the investment amount and valuation do not represent returns that ordinary users can directly obtain.
Risks and unknowns
The core information comes from an unnamed informed source.
The material does not provide official confirmation from MGX or Binance.
The material does not state whether the investment has been completed, the equity percentage, or the specific transaction terms.
Related Developments
Loading event timeline…
Related concepts
Valuation
This term is not in the glossary yet. Browse related concepts in the glossary.