On March 12, Binance and MGX, an artificial intelligence and advanced technology investor in Abu Dhabi, announced a landmark US$2 billion investment. This investment is the first institutional investment Binance has accepted to date and marks an important step in promoting the adoption of digital assets and strengthening the role of blockchain in global finance. This is not only the largest single investment in a crypto company, but also the largest investment ever paid in cryptocurrency (stablecoin). Technology investment company MGX was announced by the Abu Dhabi Artificial Intelligence and Advanced Technology Council (AIATC). The investment marks MGX's first entry into the cryptocurrency and blockchain space by acquiring a minority stake in Binance as part of its broader strategy to support blockchain's transformative impact on society. By working with industry leaders, MGX aims to promote integrated innovation in artificial intelligence, blockchain technology and finance.