Tag: MGX

World Liberty Financial, the Trump-family crypto vehicle behind stablecoin USD1, now sits at the centre of the CZ pardon controversy. A $2 billion Abu Dhabi–Binance deal executed in USD1 turned the president’s private stablecoin into a global money rail – and a long-term income stream for his own household.

On March 12, 2025, Binance, the world’s largest crypto exchange by trading volume, announced a landmark $2 billion investment from Abu Dhabi-based MGX, marking its first institutional funding in its eight-year history. This transaction, executed entirely in an unspecified stablecoin, represents the largest single investment in a crypto company to date and signals a significant shift toward institutional adoption of digital assets.